# PPP loan: JACOB MORRIS LOGGING INC
> **$165K** approved 04/11/2020 · Paid in Full · Loan `3241217101`
## Borrower
- **Name:** JACOB MORRIS LOGGING INC
- **Address:** 1500 Glendale Dr., MCKINLEYVILLE, CA, 95519-9208
- **NAICS:** 113110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $166K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $124K
- **Utilities:** $41K
- **Jobs reported:** 13
## Lender
- **Originating:** American AgCredit ACA
- **Servicing:** American AgCredit ACA (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*