# PPP loan: JOYSACH INC.
> **$1.15M** approved 04/10/2020 · Paid in Full · Loan `2024217100`
## Borrower
- **Name:** JOYSACH INC.
- **Address:** 504 Avalon Road, Thomaston, GA, 30286-4000
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.15M
- **Initial approval:** $1.15M
- **Forgiven:** $1.16M (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $921K
- **Utilities:** $230K
- **Jobs reported:** 304
## Lender
- **Originating:** United Bank
- **Servicing:** United Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*