# PPP loan: TB J&M CORPORATION
> **$328K** approved 05/01/2020 · Paid in Full · Loan `3243467709`
## Borrower
- **Name:** TB J&M CORPORATION
- **Address:** 702 SOQUEL AVE, SANTA CRUZ, CA, 95062
- **NAICS:** 999990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $328K
- **Initial approval:** $328K
- **Forgiven:** $331K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $280K
- **Rent:** $30K
- **Utilities:** $18K
- **Jobs reported:** 57
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*