# PPP loan: JERRY'S MACHINE & FABRICATION INC
> **$159K** approved 01/22/2021 · Paid in Full · Loan `3699898300`
## Borrower
- **Name:** JERRY'S MACHINE & FABRICATION INC
- **Address:** 4240 Goodman Ln, Lake Charles, LA, 70615-2960
- **NAICS:** 331110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $159K
- **Initial approval:** $159K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 06/29/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $159K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** b1BANK
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*