# PPP loan: SCHERERVILLE JAKS FEC LLC
> **$160K** approved 02/18/2021 · Paid in Full · Loan `1177468500`
## Borrower
- **Name:** SCHERERVILLE JAKS FEC LLC
- **Address:** 221 US Highway 41, Schererville, IN, 46375-1277
- **NAICS:** 713110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 01/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $160K
- **Utilities:** $1
- **Jobs reported:** 51
## Lender
- **Originating:** Live Oak Banking Company
- **Servicing:** Live Oak Banking Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*