# PPP loan: MJM JEWELRY CORP
> **$496K** approved 05/08/2020 · Paid in Full · Loan `3976827402`
## Borrower
- **Name:** MJM JEWELRY CORP
- **Address:** 57 River St. Suite 302, WELLESLEY HILLS, MA, 02481-2097
- **NAICS:** 424330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $496K
- **Initial approval:** $496K
- **Forgiven:** $500K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $408K
- **Rent:** $78K
- **Utilities:** $10K
- **Jobs reported:** 34
## Lender
- **Originating:** Axos Bank
- **Servicing:** Axos Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*