# PPP loan: J & J PALLET CORPORATION
> **$1.13M** approved 04/11/2020 · Paid in Full · Loan `2840457100`
## Borrower
- **Name:** J & J PALLET CORPORATION
- **Address:** PO Box 583, NEW ALBANY, IN, 47151
- **NAICS:** 321920
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.13M
- **Initial approval:** $1.19M
- **Forgiven:** $1.14M (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.00M
- **Rent:** $31K
- **Utilities:** $41K
- **Health care:** $51K
- **Debt interest:** $4K
- **Jobs reported:** 120
## Lender
- **Originating:** First Savings Bank
- **Servicing:** First Savings Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*