PPP Loan information for Jubilee initiatives inc

$27,433

Jubilee initiatives inc was initially approved for PPP Loan of amount $27,433, the current approved amount is $27,433. The loan was approved on 04/06/2021 by The Prosperity Bank reported 5 jobs and $27,433 was used to fund payroll.

Jubilee initiatives inc is Existing or more than 2 years old

JUBILEE INITIATIVES INC

Date Approved

04/06/2021

SBA Office Code

0671

Processing Method

PPS

Borrower Name

JUBILEE INITIATIVES INC

Borrower Address

5868 Eastex Fwy

Borrower City

Beaumont

Borrower State

TX

Borrower Zip

77708-4824

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

27433.00

Current Approval Amount

27433.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

69819

Servicing Lender Name

Prosperity Bank

Servicing Lender Address

1301 N Mechanic

Servicing Lender City

El Campo

Servicing Lender State

TX

Servicing Lender Zip

77437

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Beaumont

Project County Name

JEFFERSON

Project State

TX

Project Zip

77708-4824

CD

TX-36

Jobs Reported

5

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

27428.00

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

69819

Originating Lender

Prosperity Bank

Originating Lender City

El Campo

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27690.04

Forgiveness Date

03/17/2022

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