PPP Loan information for Jc custom welding & electric inc

$1,706,000

Jc custom welding & electric inc was initially approved for PPP Loan of amount $1,706,000, the current approved amount is $1,706,000. The loan was approved on 04/06/2020 by The The First National Bank of Bemidji reported 123 jobs and $1,706,000 was used to fund payroll.

Jc custom welding & electric inc is Existing or more than 2 years old

PPP Loan Search / MN / BEMIDJI / Jc custom welding & electric inc

JC CUSTOM WELDING & ELECTRIC INC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

JC CUSTOM WELDING & ELECTRIC INC

Borrower Address

489 AMOS WAY

Borrower City

BEMIDJI

Borrower State

MN

Borrower Zip

56601-4370

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1706000.00

Current Approval Amount

1706000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36643

Servicing Lender Name

The First National Bank of Bemidji

Servicing Lender Address

1600 Paul Bunyan Dr NW

Servicing Lender City

BEMIDJI

Servicing Lender State

MN

Servicing Lender Zip

56601-4105

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BEMIDJI

Project County Name

BELTRAMI

Project State

MN

Project Zip

56601-4370

CD

MN-08

Jobs Reported

123

NAICS Code

811310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1706000.00

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

36643

Originating Lender

The First National Bank of Bemidji

Originating Lender City

BEMIDJI

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1719174.11

Forgiveness Date

01/20/2021

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