Jm Electric, INC

$46,628 PPP Loan in West Point, Iowa

Loan Details

Loan Number
6468057110
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$46,628
Current Approval
$46,628
Forgiveness Amount
$46,906
Forgiveness Date
Nov 25, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Jm Electric, INC
Address
2231 Hwy 16
State
Iowa
ZIP Code
52656-9261
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-01

Loan Use Breakdown

Payroll
$37,302
Utilities
$4,326
Mortgage Interest
$5,000

Lender Information

Servicing Lender
Two Rivers Bank & Trust
Originating Lender
Two Rivers Bank and Trust

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