PPP Loan information for Jai enterprises llc

$178,836

Jai enterprises llc was initially approved for PPP Loan of amount $178,836, the current approved amount is $178,836. The loan was approved on 02/07/2021 by The First Merchants Bank reported 37 jobs and $178,836 was used to fund payroll.

Jai enterprises llc is Existing or more than 2 years old

JAI ENTERPRISES LLC

Date Approved

02/07/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

JAI ENTERPRISES LLC

Borrower Address

2260 Baldwin Rd

Borrower City

Monroe

Borrower State

MI

Borrower Zip

48162-9138

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

178836.00

Current Approval Amount

178836.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Monroe

Project County Name

MONROE

Project State

MI

Project Zip

48162-9138

CD

MI-05

Jobs Reported

37

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

178831.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

179472.95

Forgiveness Date

06/23/2021

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