# PPP loan: JONES - MCLEOD INC.
> **$443K** approved 02/25/2021 · Paid in Full · Loan `4325548507`
## Borrower
- **Name:** JONES - MCLEOD INC.
- **Address:** 1530 Alton Rd, Birmingham, AL, 35210-4779
- **NAICS:** 811310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $443K
- **Initial approval:** $443K
- **Forgiven:** $447K (101%)
- **Forgiveness date:** 11/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $443K
- **Utilities:** $1
- **Jobs reported:** 36
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*