# PPP loan: JMC ACQUISITION, LLC
> **$667K** approved 04/10/2020 · Paid in Full · Loan `2503167106`
## Borrower
- **Name:** JMC ACQUISITION, LLC
- **Address:** 5910 Elwin Buchanan Drive, Sanford, NC, 27330
- **NAICS:** 541715
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $667K
- **Initial approval:** $667K
- **Forgiven:** $673K (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $667K
- **Jobs reported:** 50
## Lender
- **Originating:** Live Oak Banking Company
- **Servicing:** Live Oak Banking Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*