PPP Loan information for Jet electric motor co., inc

$55,812

Jet electric motor co., inc was initially approved for PPP Loan of amount $55,812, the current approved amount is $55,812. The loan was approved on 04/15/2020 by The Coastal1 Credit Union reported 6 jobs and $55,812 was used to fund payroll.

Jet electric motor co., inc is Existing or more than 2 years old

PPP Loan Search / RI / PAWTUCKET / Jet electric motor co., inc

JET ELECTRIC MOTOR CO., INC

Date Approved

04/15/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

JET ELECTRIC MOTOR CO., INC

Borrower Address

688 SCHOOL ST

Borrower City

PAWTUCKET

Borrower State

RI

Borrower Zip

02860-5711

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55812.00

Current Approval Amount

55812.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

104790

Servicing Lender Name

Coastal1 Credit Union

Servicing Lender Address

1200 Central Ave

Servicing Lender City

PAWTUCKET

Servicing Lender State

RI

Servicing Lender Zip

02861-2200

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PAWTUCKET

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02860-5711

CD

RI-01

Jobs Reported

6

NAICS Code

335312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55812.00

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

104790

Originating Lender

Coastal1 Credit Union

Originating Lender City

PAWTUCKET

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56492.60

Forgiveness Date

07/08/2021

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