# PPP loan: J REYNOLDS & CO INC
> **$1.75M** approved 04/04/2020 · Paid in Full · Loan `4789057003`
## Borrower
- **Name:** J REYNOLDS & CO INC
- **Address:** 369 SANSOM BLVD, SAGINAW, TX, 76179-4625
- **NAICS:** 238160
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.75M
- **Initial approval:** $1.70M
- **Forgiven:** $1.56M (89%)
- **Forgiveness date:** 12/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.32M
- **Rent:** $213K
- **Utilities:** $213K
- **Jobs reported:** 128
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*