# PPP loan: J&N HOLDINGS, LTD.
> **$194K** approved 04/13/2020 · Paid in Full · Loan `5232557106`
## Borrower
- **Name:** J&N HOLDINGS, LTD.
- **Address:** 2520 BUNKER HILL DR, ALGONQUIN, IL, 60102-4800
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $195K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $158K
- **Rent:** $20K
- **Utilities:** $10K
- **Health care:** $5K
- **Jobs reported:** 13
## Lender
- **Originating:** TBK Bank, SSB
- **Servicing:** TBK Bank, SSB (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*