PPP Loan information for Jrl electric inc

$191,467

Jrl electric inc was initially approved for PPP Loan of amount $191,467, the current approved amount is $191,467. The loan was approved on 04/10/2020 by The SouthState Bank, National Association reported 14 jobs and $191,467 was used to fund payroll.

Jrl electric inc is Existing or more than 2 years old

JRL ELECTRIC INC

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

JRL ELECTRIC INC

Borrower Address

9 C Kidder Road

Borrower City

CHELMSFORD

Borrower State

MA

Borrower Zip

01824-3304

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

191467.00

Current Approval Amount

191467.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117723

Servicing Lender Name

SouthState Bank, National Association

Servicing Lender Address

1101 First St South

Servicing Lender City

WINTER HAVEN

Servicing Lender State

FL

Servicing Lender Zip

33880-3908

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHELMSFORD

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01824-3304

CD

MA-03

Jobs Reported

14

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

191467.00

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

117723

Originating Lender

SouthState Bank, National Association

Originating Lender City

WINTER HAVEN

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

193287.25

Forgiveness Date

03/29/2021

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