# PPP loan: J & R HERRA, INC.
> **$500K** approved 04/04/2020 · Paid in Full · Loan `4913967003`
## Borrower
- **Name:** J & R HERRA, INC.
- **Address:** 210 East North Street, ELBURN, IL, 60119-9003
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $504K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $430K
- **Rent:** $24K
- **Utilities:** $4K
- **Health care:** $38K
- **Debt interest:** $4K
- **Jobs reported:** 39
## Lender
- **Originating:** IH Mississippi Valley Credit Union
- **Servicing:** IH Mississippi Valley Credit Union (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*