PPP Loan information for Jubilee foods, inc.

$513,300

Jubilee foods, inc. was initially approved for PPP Loan of amount $513,300, the current approved amount is $513,300. The loan was approved on 04/08/2020 by The Range Bank reported 131 jobs and $513,300 was used to fund payroll.

Jubilee foods, inc. is Existing or more than 2 years old

JUBILEE FOODS, INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

JUBILEE FOODS, INC.

Borrower Address

47401 STATE HIGHWAY M26

Borrower City

HOUGHTON

Borrower State

MI

Borrower Zip

49931-2821

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

513300.00

Current Approval Amount

513300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36168

Servicing Lender Name

Range Bank

Servicing Lender Address

100 N Front St

Servicing Lender City

MARQUETTE

Servicing Lender State

MI

Servicing Lender Zip

49855-4303

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOUGHTON

Project County Name

HOUGHTON

Project State

MI

Project Zip

49931-2821

CD

MI-01

Jobs Reported

131

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

46940.00

Payroll Proceed

466360.00

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

Subchapter S Corporation

Originating Lender Location Id

36168

Originating Lender

Range Bank

Originating Lender City

MARQUETTE

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

516942.32

Forgiveness Date

12/31/2020

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