PPP Loan information for J & m electrical contractors inc

$27,338

J & m electrical contractors inc was initially approved for PPP Loan of amount $27,338, the current approved amount is $27,338. The loan was approved on 02/23/2021 by The Regions Bank reported 5 jobs and $27,338 was used to fund payroll.

J & m electrical contractors inc is Existing or more than 2 years old

J & M ELECTRICAL CONTRACTORS INC

Date Approved

02/23/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

J & M ELECTRICAL CONTRACTORS INC

Borrower Address

310 Wyndham Place Dr

Borrower City

Fuquay Varina

Borrower State

NC

Borrower Zip

27526-5006

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

27338.00

Current Approval Amount

27338.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fuquay Varina

Project County Name

HARNETT

Project State

NC

Project Zip

27526-5006

CD

NC-13

Jobs Reported

5

NAICS Code

236220

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

27336.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27418.89

Forgiveness Date

06/15/2021

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