# PPP loan: JIMMY JACK MAC, INC.
> **$221K** approved 04/13/2020 · Paid in Full · Loan `4687667106`
## Borrower
- **Name:** JIMMY JACK MAC, INC.
- **Address:** 121 Iowa Ave, IOWA CITY, IA, 52240-3905
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $221K
- **Initial approval:** $221K
- **Forgiven:** $214K (97%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $166K
- **Rent:** $14K
- **Mortgage interest:** $14K
- **Utilities:** $14K
- **Health care:** $14K
- **Jobs reported:** 48
## Lender
- **Originating:** MidWestOne Bank
- **Servicing:** MidWestOne Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*