# PPP loan: JL GRAY CONSTRUCTION INC.
> **$2.75M** approved 04/11/2020 · Paid in Full · Loan `3413687110`
## Borrower
- **Name:** JL GRAY CONSTRUCTION INC.
- **Address:** 408 FANNIN AVE, ROUND ROCK, TX, 78664-5329
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.75M
- **Initial approval:** $2.75M
- **Forgiven:** $2.78M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.55M
- **Health care:** $200K
- **Jobs reported:** 281
## Lender
- **Originating:** PlainsCapital Bank
- **Servicing:** PlainsCapital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*