# PPP loan: JAMJOMAR XI, INC.
> **$1.04M** approved 04/11/2020 · Paid in Full · Loan `2701677107`
## Borrower
- **Name:** JAMJOMAR XI, INC.
- **Address:** P.O. BOX 2521 0.0, MANDEVILLE, LA, 70470-2521
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.04M
- **Initial approval:** $1.04M
- **Forgiven:** $1.05M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $832K
- **Rent:** $133K
- **Utilities:** $62K
- **Health care:** $13K
- **Jobs reported:** 299
## 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*