# PPP loan: JACKSON OIL & SOLVENTS INC.
> **$1.07M** approved 02/07/2021 · Paid in Full · Loan `5111268407`
## Borrower
- **Name:** JACKSON OIL & SOLVENTS INC.
- **Address:** 1970 Kentucky Ave, Indianapolis, IN, 46221-1914
- **NAICS:** 424720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.08M (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.07M
- **Utilities:** $1
- **Jobs reported:** 75
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*