# PPP loan: JK MACHINING INC
> **$251K** approved 01/17/2021 · Paid in Full · Loan `1498918309`
## Borrower
- **Name:** JK MACHINING INC
- **Address:** 5955 W D Ave, Kalamazoo, MI, 49009-9012
- **NAICS:** 333511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $251K
- **Initial approval:** $251K
- **Forgiven:** $252K (101%)
- **Forgiveness date:** 09/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $251K
- **Jobs reported:** 19
## Lender
- **Originating:** Sturgis Bank & Trust Company
- **Servicing:** Sturgis Bank & Trust Company (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*