# PPP loan: A-1 JAY'S MACHINING INC
> **$1.62M** approved 05/01/2020 · Paid in Full · Loan `2686987706`
## Borrower
- **Name:** A-1 JAY'S MACHINING INC
- **Address:** 2228 OAKLAND RD, SAN JOSE, CA, 95131
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.62M
- **Initial approval:** $1.62M
- **Forgiven:** $1.64M (101%)
- **Forgiveness date:** 04/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.38M
- **Rent:** $52K
- **Utilities:** $84K
- **Health care:** $105K
- **Jobs reported:** 500
## 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*