# PPP loan: JONES ARCHITECTURE, INC.
> **$270K** approved 04/10/2020 · Paid in Full · Loan `1208137100`
## Borrower
- **Name:** JONES ARCHITECTURE, INC.
- **Address:** 10 DERBY SQ, Suite 3, SALEM, MA, 01970-3704
- **NAICS:** 541310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $270K
- **Initial approval:** $285K
- **Forgiven:** $272K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $270K
- **Jobs reported:** 19
## Lender
- **Originating:** Salem Five Cents Savings Bank
- **Servicing:** Salem Five Cents Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*