# PPP loan: JBARNES HOLDING INC
> **$259K** approved 04/04/2020 · Paid in Full · Loan `4705057007`
## Borrower
- **Name:** JBARNES HOLDING INC
- **Address:** 112 OAKVIEW DR, FOREST CITY, IA, 50436-1043
- **NAICS:** 541213
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $259K
- **Initial approval:** $259K
- **Forgiven:** $261K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $194K
- **Rent:** $65K
- **Jobs reported:** 57
## Lender
- **Originating:** Manufacturers Bank & Trust Company
- **Servicing:** Manufacturers Bank & Trust Company (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*