PPP Loan information for Jnc electric llc

$39,800

Jnc electric llc was initially approved for PPP Loan of amount $39,800, the current approved amount is $39,800. The loan was approved on 04/27/2020 by The Bank Midwest reported 3 jobs and $39,800 was used to fund payroll.

Jnc electric llc is Existing or more than 2 years old

JNC ELECTRIC LLC

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

JNC ELECTRIC LLC

Borrower Address

410 N HIGHWAY 86

Borrower City

LAKEFIELD

Borrower State

MN

Borrower Zip

56150-9348

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39800.00

Current Approval Amount

39800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38258

Servicing Lender Name

Bank Midwest

Servicing Lender Address

1525 18th St

Servicing Lender City

SPIRIT LAKE

Servicing Lender State

IA

Servicing Lender Zip

51360-1023

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKEFIELD

Project County Name

JACKSON

Project State

MN

Project Zip

56150-9348

CD

MN-01

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

39800.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

38258

Originating Lender

Bank Midwest

Originating Lender City

SPIRIT LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40191.37

Forgiveness Date

04/21/2021

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