# PPP loan: JEGS AUTOMOTIVE, INC.
> **$4.77M** approved 04/10/2020 · Paid in Full · Loan `1407787110`
## Borrower
- **Name:** JEGS AUTOMOTIVE, INC.
- **Address:** 101 Jegs Place 0.0, Delaware, OH, 43015-9275
- **NAICS:** 441310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.77M
- **Initial approval:** $4.77M
- **Forgiven:** $4.82M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.35M
- **Utilities:** $200K
- **Health care:** $220K
- **Jobs reported:** 368
## 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*