J & J Builders of Paynesville, Inc.

$89,400 PPP Loan in Paynesville, Minnesota

Loan Details

Loan Number
3000257101
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$89,400
Current Approval
$89,400
Forgiveness Amount
$90,336
Forgiveness Date
May 4, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
J & J Builders of Paynesville, Inc.
Address
20191 318th Ave
ZIP Code
56362-9346
Business Type
Corporation
Industry (NAICS)
Construction (236210)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
$9.1M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$76,200
Rent
$5,000
Utilities
$7,000
Mortgage Interest
$1,200

Lender Information

Servicing Lender
Magnifi Financial Cu
Originating Lender
Magnifi Financial Cu

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