PPP Loan information for Jm industries inc.

$817,800

Jm industries inc. was initially approved for PPP Loan of amount $817,800, the current approved amount is $817,800. The loan was approved on 01/26/2021 by The Eastern Michigan Bank reported 64 jobs and $817,800 was used to fund payroll.

Jm industries inc. is Existing or more than 2 years old

JM INDUSTRIES INC.

Date Approved

01/26/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

JM INDUSTRIES INC.

Borrower Address

26300 Bunert Rd

Borrower City

Warren

Borrower State

MI

Borrower Zip

48089-3639

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

817800.00

Current Approval Amount

817800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33734

Servicing Lender Name

Eastern Michigan Bank

Servicing Lender Address

65 N Howard Ave

Servicing Lender City

CROSWELL

Servicing Lender State

MI

Servicing Lender Zip

48422-1222

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Warren

Project County Name

MACOMB

Project State

MI

Project Zip

48089-3639

CD

MI-10

Jobs Reported

64

NAICS Code

322211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

817798.00

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

33734

Originating Lender

Eastern Michigan Bank

Originating Lender City

CROSWELL

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

822818.83

Forgiveness Date

09/20/2021

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