PPP Loan information for Jla industrial equipment inc.

$111,835

Jla industrial equipment inc. was initially approved for PPP Loan of amount $111,835, the current approved amount is $111,835. The loan was approved on 04/28/2020 by The First State Bank and Trust reported 12 jobs and $111,835 was used to fund payroll.

Jla industrial equipment inc. is Existing or more than 2 years old

JLA INDUSTRIAL EQUIPMENT INC.

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

JLA INDUSTRIAL EQUIPMENT INC.

Borrower Address

2951 100th Court NE, #100

Borrower City

BLAINE

Borrower State

MN

Borrower Zip

55449

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

111835.00

Current Approval Amount

111835.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36629

Servicing Lender Name

First State Bank and Trust

Servicing Lender Address

950 N Hwy 95

Servicing Lender City

BAYPORT

Servicing Lender State

MN

Servicing Lender Zip

55003-1014

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLAINE

Project County Name

ANOKA

Project State

MN

Project Zip

55449-0001

CD

MN-06

Jobs Reported

12

NAICS Code

423820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4397.00

Payroll Proceed

89438.00

Mortgage Interest Proceed

0.00

Rent Proceed

18000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36629

Originating Lender

First State Bank and Trust

Originating Lender City

BAYPORT

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

112465.63

Forgiveness Date

11/25/2020

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