# PPP loan: JAKE'S INC.
> **$3.01M** approved 04/05/2020 · Paid in Full · Loan `5113637005`
## Borrower
- **Name:** JAKE'S INC.
- **Address:** 13400 Hollister Road, HOUSTON, TX, 77086-1218
- **NAICS:** 311999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.01M
- **Initial approval:** $3.01M
- **Forgiven:** $3.05M (102%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.01M
- **Jobs reported:** 227
## Lender
- **Originating:** IberiaBank, A Division of First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*