# PPP loan: J&R MACHINE INC.
> **$405K** approved 01/21/2021 · Paid in Full · Loan `2589758309`
## Borrower
- **Name:** J&R MACHINE INC.
- **Address:** 1355 Beauprey Rd, Shawano, WI, 54166-3802
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $405K
- **Initial approval:** $405K
- **Forgiven:** $406K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $404K
- **Utilities:** $1
- **Jobs reported:** 31
## Lender
- **Originating:** Nicolet National Bank
- **Servicing:** Nicolet National Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*