PPP Loan information for J hutchins inc

$1,620,300

J hutchins inc was initially approved for PPP Loan of amount $1,620,300, the current approved amount is $1,620,300. The loan was approved on 04/04/2020 by The Simmons Bank reported 71 jobs and $1,620,300 was used to fund payroll.

J hutchins inc is Existing or more than 2 years old

J HUTCHINS INC

Date Approved

04/04/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

J HUTCHINS INC

Borrower Address

88 Rodgers Lane

Borrower City

RICHMOND

Borrower State

VT

Borrower Zip

05477-7748

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1620300.00

Current Approval Amount

1620300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RICHMOND

Project County Name

CHITTENDEN

Project State

VT

Project Zip

05477-7748

CD

VT-

Jobs Reported

71

NAICS Code

237310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

26980.00

Payroll Proceed

1542720.00

Mortgage Interest Proceed

0.00

Rent Proceed

50600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1620766.95

Forgiveness Date

12/09/2020

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