# PPP loan: JMAD, INC
> **$155K** approved 04/13/2020 · Paid in Full · Loan `5234387107`
## Borrower
- **Name:** JMAD, INC
- **Address:** 17 Middlebrook Avenue, Staunton, VA, 24401-4240
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $155K
- **Initial approval:** $183K
- **Forgiven:** $157K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $155K
- **Jobs reported:** 40
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*