# PPP loan: JMG INSURANCE CORP.
> **$2.88M** approved 04/27/2020 · Exemption 4 · Loan `3713147201`
## Borrower
- **Name:** JMG INSURANCE CORP.
- **Address:** 29 Haviland St, NORWALK, CT, 06854
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.88M
- **Initial approval:** $2.88M
- **Forgiven:** $2.39M (83%)
- **Forgiveness date:** 06/15/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $2.16M
- **Rent:** $360K
- **Utilities:** $360K
- **Jobs reported:** 233
## Lender
- **Originating:** Connecticut Community Bank, National Association
- **Servicing:** Connecticut Community Bank, National Association (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*