PPP Loan information for M.jack electrical inc

$62,062

M.jack electrical inc was initially approved for PPP Loan of amount $62,062, the current approved amount is $62,062. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 9 jobs and $62,062 was used to fund payroll.

M.jack electrical inc is New Business or 2 years or less

M.JACK ELECTRICAL INC

Date Approved

05/01/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

M.JACK ELECTRICAL INC

Borrower Address

151 VETERANS RD

Borrower City

WINTHROP

Borrower State

MA

Borrower Zip

02152

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62062.00

Current Approval Amount

62062.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WINTHROP

Project County Name

SUFFOLK

Project State

MA

Project Zip

02152-0001

CD

MA-05

Jobs Reported

9

NAICS Code

561990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

62062.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

62589.10

Forgiveness Date

03/10/2021

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