PPP Loan information for J-bar, inc

$73,200

J-bar, inc was initially approved for PPP Loan of amount $73,200, the current approved amount is $73,200. The loan was approved on 04/07/2020 by The The State Bank of Faribault reported 5 jobs and $73,200 was used to fund payroll.

J-bar, inc is Existing or more than 2 years old

PPP Loan Search / MN / FARIBAULT / J-bar, inc

J-BAR, INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

J-BAR, INC

Borrower Address

1829 6th Street NW

Borrower City

FARIBAULT

Borrower State

MN

Borrower Zip

55021-4609

Loan Status Date

03/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

73200.00

Current Approval Amount

73200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38055

Servicing Lender Name

The State Bank of Faribault

Servicing Lender Address

428 Central Ave

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5217

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARIBAULT

Project County Name

RICE

Project State

MN

Project Zip

55021-4609

CD

MN-01

Jobs Reported

5

NAICS Code

441120

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

73200.00

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

Subchapter S Corporation

Originating Lender Location Id

38055

Originating Lender

The State Bank of Faribault

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

73873.03

Forgiveness Date

03/11/2021

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