# PPP loan: J & F MACHINE, INC.
> **$342K** approved 05/01/2020 · Paid in Full · Loan `2256557706`
## Borrower
- **Name:** J & F MACHINE, INC.
- **Address:** 6401 Global Dr, Cypress, CA, 90630
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $342K
- **Initial approval:** $342K
- **Forgiven:** $346K (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $254K
- **Rent:** $35K
- **Utilities:** $10K
- **Health care:** $36K
- **Debt interest:** $8K
- **Jobs reported:** 25
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*