PPP Loan information for J/b industries inc

$1,231,101

J/b industries inc was initially approved for PPP Loan of amount $1,231,101, the current approved amount is $1,231,101. The loan was approved on 02/17/2021 by The Old Second National Bank reported 82 jobs and $1,231,101 was used to fund payroll.

J/b industries inc is Existing or more than 2 years old

J/B INDUSTRIES INC

Date Approved

02/17/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

J/B INDUSTRIES INC

Borrower Address

601 N Farnsworth Ave

Borrower City

Aurora

Borrower State

IL

Borrower Zip

60505-3014

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1231101.00

Current Approval Amount

1231101.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Aurora

Project County Name

KANE

Project State

IL

Project Zip

60505-3014

CD

IL-11

Jobs Reported

82

NAICS Code

333912

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1231101.00

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

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1241325.98

Forgiveness Date

12/16/2021

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