# PPP loan: J M GENERAL CONTRACTING CORP
> **$240K** approved 05/01/2020 · Paid in Full · Loan `1380077707`
## Borrower
- **Name:** J M GENERAL CONTRACTING CORP
- **Address:** 137 58th St, Brooklyn, NY, 11220
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $244K (101%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $231K
- **Rent:** $5K
- **Utilities:** $1K
- **Health care:** $2K
- **Debt interest:** $251.34
- **Jobs reported:** 10
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*