Date Approved
04/03/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
JOLETEC, INC.
Borrower Address
3100 Canterbury Drive
Borrower City
BAY CITY
Borrower State
MI
Borrower Zip
48706-9252
Loan Status Date
12/17/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
64100.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
378002
Servicing Lender Name
1st State Bank
Servicing Lender Address
4800 Fashion Square Blvd, Ste 100
Servicing Lender City
SAGINAW
Servicing Lender State
Servicing Lender Zip
48604-2619
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BAY
Project State
Project Zip
CD
MI-08
Jobs Reported
6
NAICS Code
541990
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
57100.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
7000.00
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
64486.38
Forgiveness Date
11/17/2020