# PPP loan: J&M CONTRACTING CORP.
> **$316K** approved 05/01/2020 · Charged Off · Loan `2267377706`
## Borrower
- **Name:** J&M CONTRACTING CORP.
- **Address:** 934 GLENLEA ST, LA VERNE, CA, 91750
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $316K
- **Initial approval:** $316K
- **Status:** Charged Off
- **Term:** 4 months
## Use of funds
- **Payroll:** $253K
- **Rent:** $10K
- **Utilities:** $2K
- **Health care:** $49K
- **Debt interest:** $2K
- **Jobs reported:** 18
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*