# PPP loan: JACKEL, INC.
> **$616K** approved 04/05/2020 · Paid in Full · Loan `5115667007`
## Borrower
- **Name:** JACKEL, INC.
- **Address:** 15314 Harrison Rd, MISHAWAKA, IN, 46544-5721
- **NAICS:** 326199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $616K
- **Initial approval:** $616K
- **Forgiven:** $623K (101%)
- **Forgiveness date:** 04/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $548K
- **Rent:** $39K
- **Utilities:** $30K
- **Jobs reported:** 77
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*