PPP Loan information for Jz electric inc.

$371,758

Jz electric inc. was initially approved for PPP Loan of amount $371,758, the current approved amount is $371,758. The loan was approved on 01/22/2021 by The Old National Bank reported 28 jobs and $371,758 was used to fund payroll.

Jz electric inc. is Existing or more than 2 years old

JZ ELECTRIC INC.

Date Approved

01/22/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

JZ ELECTRIC INC.

Borrower Address

7100 Madison Ave W

Borrower City

Golden Valley

Borrower State

MN

Borrower Zip

55427-3650

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

371757.50

Current Approval Amount

371757.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Golden Valley

Project County Name

HENNEPIN

Project State

MN

Project Zip

55427-3650

CD

MN-05

Jobs Reported

28

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

371757.50

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

Corporation

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

375383.41

Forgiveness Date

01/28/2022

;