# PPP loan: JEWELL MACHINE & FABRICATION COMPANY, INC.
> **$630K** approved 04/04/2020 · Paid in Full · Loan `4831927009`
## Borrower
- **Name:** JEWELL MACHINE & FABRICATION COMPANY, INC.
- **Address:** 130 Research Parkway, DAVENPORT, IA, 52806-0008
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $630K
- **Initial approval:** $669K
- **Forgiven:** $635K (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $478K
- **Rent:** $76K
- **Utilities:** $76K
- **Jobs reported:** 78
## Lender
- **Originating:** First Central State Bank
- **Servicing:** First Central State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*