# PPP loan: JONES LEGACY VENTURES, INC.
> **$1.61M** approved 04/10/2020 · Paid in Full · Loan `2350467100`
## Borrower
- **Name:** JONES LEGACY VENTURES, INC.
- **Address:** 302 PINE TREE RD, LONGVIEW, TX, 75604-4106
- **NAICS:** 423310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.61M
- **Initial approval:** $1.61M
- **Forgiven:** $1.62M (101%)
- **Forgiveness date:** 04/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.21M
- **Rent:** $322K
- **Mortgage interest:** $32K
- **Utilities:** $48K
- **Jobs reported:** 144
## Lender
- **Originating:** Origin Bank
- **Servicing:** Origin Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*