PPP Loan information for Jnit technologies inc

$2,000,000

Jnit technologies inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/10/2021 by The City National Bank reported 137 jobs and $2,000,000 was used to fund payroll.

Jnit technologies inc is Existing or more than 2 years old

JNIT TECHNOLOGIES INC

Date Approved

02/10/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

JNIT TECHNOLOGIES INC

Borrower Address

3145 Bordentown Ave Ste D1

Borrower City

Parlin

Borrower State

NJ

Borrower Zip

08859-1164

Loan Status Date

07/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Parlin

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08859-1164

CD

NJ-06

Jobs Reported

137

NAICS Code

541511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2027123.29

Forgiveness Date

06/22/2022

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