# PPP loan: JIMCO INC
> **$176K** approved 04/10/2020 · Paid in Full · Loan `1511317109`
## Borrower
- **Name:** JIMCO INC
- **Address:** 325 SOUTH HOPPER STREET, MONTGOMERY, AL, 36107
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $177K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $152K
- **Rent:** $13K
- **Utilities:** $6K
- **Health care:** $5K
- **Jobs reported:** 32
## Lender
- **Originating:** AmeriFirst Bank
- **Servicing:** AmeriFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*