Jk Mechanical Contractors, INC

$550,000 PPP Loan in Nashwauk, Minnesota

Loan Details

Loan Number
9454877101
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$550,000
Current Approval
$492,700
Forgiveness Amount
$496,450
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Jk Mechanical Contractors, INC
Address
240 5th St
ZIP Code
55769-1160
Business Type
Corporation
Industry (NAICS)
Construction (238220)
Business Age
New Business or 2 years or less
Jobs Reported
63
Estimated Revenue
$19.9M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$394,160
Utilities
$30,000
Mortgage Interest
$68,540

Lender Information

Servicing Lender
Park State Bank
Originating Lender
Park State Bank

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