# PPP loan: J.A.L. CONTRACTORS INC
> **$250K** approved 06/22/2021 · Paid in Full · Loan `1085049110`
## Borrower
- **Name:** J.A.L. CONTRACTORS INC
- **Address:** 2122 N HWY 87, BIG SPRING, TX, 79720-0267
- **NAICS:** 213112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $250K
- **Initial approval:** $12K
- **Forgiven:** $251K (101%)
- **Forgiveness date:** 01/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $250K
- **Jobs reported:** 17
## Lender
- **Originating:** PeopleFund
- **Servicing:** PeopleFund (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*