# PPP loan: JACK'S O.K. TIRE SERVICE CO
> **$378K** approved 04/13/2020 · Paid in Full · Loan `4724657103`
## Borrower
- **Name:** JACK'S O.K. TIRE SERVICE CO
- **Address:** 919 Hwy 18, ALGONA, IA, 50511
- **NAICS:** 441320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $378K
- **Initial approval:** $378K
- **Forgiven:** $380K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $378K
- **Jobs reported:** 39
## Lender
- **Originating:** Farmers State Bank
- **Servicing:** Farmers State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*