PPP Loan information for J-tel, inc

$49,600

J-tel, inc was initially approved for PPP Loan of amount $50,000, the current approved amount is $49,600. The loan was approved on 04/07/2020 by The Choice Financial Group reported 13 jobs and $49,600 was used to fund payroll.

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

J-TEL, INC

Date Approved

04/07/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

J-TEL, INC

Borrower Address

415 N 42ND ST

Borrower City

GRAND FORKS

Borrower State

ND

Borrower Zip

58203-1959

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

49600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52934

Servicing Lender Name

Choice Financial Group

Servicing Lender Address

4501 23rd Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8782

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND FORKS

Project County Name

GRAND FORKS

Project State

ND

Project Zip

58203-1959

CD

ND-

Jobs Reported

13

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49600.00

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

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50263.15

Forgiveness Date

08/25/2021

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