# PPP loan: JAKES FRANCHISING, LLC
> **$463K** approved 04/13/2020 · Paid in Full · Loan `4865947100`
## Borrower
- **Name:** JAKES FRANCHISING, LLC
- **Address:** 716 S MAIN ST, CHESHIRE, CT, 06410-3472
- **NAICS:** 533110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $463K
- **Initial approval:** $463K
- **Forgiven:** $470K (101%)
- **Forgiveness date:** 08/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $463K
- **Jobs reported:** 32
## Lender
- **Originating:** Thomaston Savings Bank
- **Servicing:** Thomaston Savings Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*