PPP Loan information for Jay el enterprise rockaf

$425,939

Jay el enterprise rockaf was initially approved for PPP Loan of amount $425,939, the current approved amount is $425,939. The loan was approved on 02/11/2021 by The Eastern Bank reported 34 jobs and $425,939 was used to fund payroll.

Jay el enterprise rockaf is Existing or more than 2 years old

JAY EL ENTERPRISE ROCKAF

Date Approved

02/11/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

JAY EL ENTERPRISE ROCKAF

Borrower Address

227 Essex St

Borrower City

Salem

Borrower State

MA

Borrower Zip

01970-3729

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

425939.00

Current Approval Amount

425939.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Salem

Project County Name

ESSEX

Project State

MA

Project Zip

01970-3729

CD

MA-06

Jobs Reported

34

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

425935.00

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 Partnership

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

430257.55

Forgiveness Date

02/18/2022

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