# PPP loan: JEFFREY BURGESS
> **$254K** approved 04/29/2020 · Exemption 4 · Loan `2020537301`
## Borrower
- **Name:** JEFFREY BURGESS
- **Address:** 9471 Baymeadows Road Suite 308, Jacksonville, FL, 32256-7936
- **NAICS:** 531210
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $254K
- **Initial approval:** $254K
- **Forgiven:** $30K (12%)
- **Forgiveness date:** 06/30/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $230K
- **Mortgage interest:** $13K
- **Utilities:** $11K
- **Jobs reported:** 52
## Lender
- **Originating:** VyStar CU
- **Servicing:** VyStar CU (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*