# PPP loan: JARREL SERVICES, INC.
> **$371K** approved 04/11/2020 · Paid in Full · Loan `2862877109`
## Borrower
- **Name:** JARREL SERVICES, INC.
- **Address:** 1309 W. Marland Blvd, HOBBS, NM, 88240-6425
- **NAICS:** 221310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $371K
- **Initial approval:** $371K
- **Forgiven:** $375K (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $371K
- **Jobs reported:** 15
## Lender
- **Originating:** First American Bank
- **Servicing:** First American Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*