J & J Pallet Corporation

$1,192,800 PPP Loan in New Albany, Indiana

Loan Details

Loan Number
2840457100
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,192,800
Current Approval
$1,130,500
Forgiveness Amount
$1,144,411
Forgiveness Date
Jul 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
J & J Pallet Corporation
Address
Po Box 583
State
Indiana
ZIP Code
47151
Business Type
Corporation
Industry (NAICS)
Manufacturing (321920)
Business Age
Existing or more than 2 years old
Jobs Reported
120
Estimated Revenue
$119.0M
Rural/Urban
Urban
Congressional District
IN-09

Loan Use Breakdown

Payroll
$1,004,700
Rent
$30,800
Utilities
$40,500
Health Care
$51,000
Debt Interest
$3,500

Lender Information

Servicing Lender
First Savings Bank
Originating Lender
First Savings Bank

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