# PPP loan: JACOBS MANAGEMENT CORPORATION
> **$300K** approved 02/26/2021 · Paid in Full · Loan `4804288509`
## Borrower
- **Name:** JACOBS MANAGEMENT CORPORATION
- **Address:** 8096 Excelsior Blvd, Hopkins, MN, 55343-3415
- **NAICS:** 541611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $301K (100%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $300K
- **Utilities:** $1
- **Jobs reported:** 11
## Lender
- **Originating:** Bell Bank
- **Servicing:** Bell Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*