# PPP loan: JONES AND SONS INC
> **$995K** approved 04/05/2020 · Paid in Full · Loan `5141597003`
## Borrower
- **Name:** JONES AND SONS INC
- **Address:** 1262 S STATE ROAD 57, WASHINGTON, IN, 47501-4366
- **NAICS:** 327320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $995K
- **Initial approval:** $864K
- **Forgiven:** $1.00M (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $995K
- **Jobs reported:** 85
## Lender
- **Originating:** German American Bank
- **Servicing:** German American Bank (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*