PPP Loan information for Mjt marine inc

$243,800

Mjt marine inc was initially approved for PPP Loan of amount $243,800, the current approved amount is $243,800. The loan was approved on 04/03/2020 by The Clear Lake Bank & Trust Company reported 26 jobs and $243,800 was used to fund payroll.

Mjt marine inc is Existing or more than 2 years old

MJT MARINE INC

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MJT MARINE INC

Borrower Address

1604 South Shore Dr

Borrower City

CLEAR LAKE

Borrower State

IA

Borrower Zip

50428-2702

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

243800.00

Current Approval Amount

243800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24776

Servicing Lender Name

Clear Lake Bank & Trust Company

Servicing Lender Address

322 Main Ave

Servicing Lender City

CLEAR LAKE

Servicing Lender State

IA

Servicing Lender Zip

50428-1825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLEAR LAKE

Project County Name

CERRO GORDO

Project State

IA

Project Zip

50428-2702

CD

IA-02

Jobs Reported

26

NAICS Code

441222

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

213800.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24776

Originating Lender

Clear Lake Bank & Trust Company

Originating Lender City

CLEAR LAKE

Originating Lender State

IA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

245723.31

Forgiveness Date

01/20/2021

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