# PPP loan: JIC CONSTRUCTION LLC
> **$407K** approved 01/23/2021 · Charged Off · Loan `4403298304`
## Borrower
- **Name:** JIC CONSTRUCTION LLC
- **Address:** 12745 SW Beaverdam Rd # 260, Beaverton, OR, 97005-2172
- **NAICS:** 238160
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $407K
- **Initial approval:** $407K
- **Forgiven:** $361K (89%)
- **Forgiveness date:** 03/10/2022
- **Status:** Charged Off
- **Term:** 25 months
## Use of funds
- **Payroll:** $407K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*