# PPP loan: JEOL USA INC
> **$6.29M** approved 04/15/2020 · Paid in Full · Loan `1156957205`
## Borrower
- **Name:** JEOL USA INC
- **Address:** 11 DEARBORN RD, PEABODY, MA, 01960-3823
- **NAICS:** 423490
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $6.29M
- **Initial approval:** $6.29M
- **Forgiven:** $6.38M (101%)
- **Forgiveness date:** 09/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.29M
- **Jobs reported:** 258
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*