# PPP loan: JANAK II INC.
> **$155K** approved 02/26/2021 · Paid in Full · Loan `4537268508`
## Borrower
- **Name:** JANAK II INC.
- **Address:** 6108 Homestead Blvd, Midland, TX, 79707-5058
- **NAICS:** 721110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $156K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $155K
- **Utilities:** $1
- **Jobs reported:** 15
## Lender
- **Originating:** First American Bank
- **Servicing:** First American Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*