PPP Loan information for J.w. electric corp.

$674,831

J.w. electric corp. was initially approved for PPP Loan of amount $674,831, the current approved amount is $674,831. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 23 jobs and $674,831 was used to fund payroll.

J.w. electric corp. is Existing or more than 2 years old

PPP Loan Search / NY / BROOKLYN / J.w. electric corp.

J.W. ELECTRIC CORP.

Date Approved

05/01/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

J.W. ELECTRIC CORP.

Borrower Address

1106 E 43RD ST

Borrower City

BROOKLYN

Borrower State

NY

Borrower Zip

11210

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

674831.00

Current Approval Amount

674831.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOKLYN

Project County Name

KINGS

Project State

NY

Project Zip

11210-0001

CD

NY-09

Jobs Reported

23

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

19509.00

Payroll Proceed

183819.00

Mortgage Interest Proceed

2465.00

Rent Proceed

60043.00

Refinance EIDL Proceed

405513.00

Health Care Proceed

0.00

Debt Interest Proceed

3482

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

488084.74

Forgiveness Date

08/09/2021

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