PPP Loan information for Jr distributing inc

$726,833

Jr distributing inc was initially approved for PPP Loan of amount $726,833, the current approved amount is $726,833. The loan was approved on 04/05/2020 by The First PREMIER Bank reported 50 jobs and $726,833 was used to fund payroll.

Jr distributing inc is Existing or more than 2 years old

JR DISTRIBUTING INC

Date Approved

04/05/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

JR DISTRIBUTING INC

Borrower Address

516 Main Ave

Borrower City

LAKE NORDEN

Borrower State

SD

Borrower Zip

57248-2138

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

726832.50

Current Approval Amount

726832.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66668

Servicing Lender Name

First PREMIER Bank

Servicing Lender Address

500 S Minnesota Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-4824

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKE NORDEN

Project County Name

HAMLIN

Project State

SD

Project Zip

57248-2138

CD

SD-

Jobs Reported

50

NAICS Code

424910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

726832.50

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

66668

Originating Lender

First PREMIER Bank

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

732505.83

Forgiveness Date

01/20/2021

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