# PPP loan: JLN ASSOCIATES LLC
> **$299K** approved 04/09/2020 · Paid in Full · Loan `1064597109`
## Borrower
- **Name:** JLN ASSOCIATES LLC
- **Address:** 43 HATCHETTS HILL RD, OLD LYME, CT, 06371-1534
- **NAICS:** 541690
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $299K
- **Initial approval:** $299K
- **Forgiven:** $303K (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Rent:** $30K
- **Mortgage interest:** $240K
- **Utilities:** $30K
- **Jobs reported:** 12
## Lender
- **Originating:** Chelsea Groton Bank
- **Servicing:** Chelsea Groton Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*