PPP Loan information for Jit packaging, llc

$1,624,064

Jit packaging, llc was initially approved for PPP Loan of amount $1,624,064, the current approved amount is $1,624,064. The loan was approved on 04/06/2020 by The Village Bank and Trust, National Association reported 147 jobs and $1,624,064 was used to fund payroll.

Jit packaging, llc is Existing or more than 2 years old

JIT PACKAGING, LLC

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

JIT PACKAGING, LLC

Borrower Address

1717 Gifford Road

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60120-7500

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1624064.00

Current Approval Amount

1624064.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119325

Servicing Lender Name

Village Bank and Trust, National Association

Servicing Lender Address

234 W Northwest Hwy

Servicing Lender City

ARLINGTON HEIGHTS

Servicing Lender State

IL

Servicing Lender Zip

60004-5934

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELGIN

Project County Name

KANE

Project State

IL

Project Zip

60120-7500

CD

IL-03

Jobs Reported

147

NAICS Code

424130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

203008.00

Payroll Proceed

1218048.00

Mortgage Interest Proceed

0.00

Rent Proceed

203008.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

119325

Originating Lender

Village Bank and Trust, National Association

Originating Lender City

ARLINGTON HEIGHTS

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1642064.04

Forgiveness Date

05/21/2021

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