# PPP loan: JAC BUSINESS GROUP
> **$315K** approved 05/01/2020 · Paid in Full · Loan `1401637709`
## Borrower
- **Name:** JAC BUSINESS GROUP
- **Address:** 280 N CENTRAL AVE STE 210, HARTSDALE, NY, 10530
- **NAICS:** —
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $315K
- **Initial approval:** $315K
- **Forgiven:** $319K (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $297K
- **Rent:** $16K
- **Utilities:** $3K
- **Jobs reported:** 38
## 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*