# PPP loan: JARRAFF INDUSTRIES INC
> **$1.21M** approved 04/13/2020 · Paid in Full · Loan `5243397101`
## Borrower
- **Name:** JARRAFF INDUSTRIES INC
- **Address:** 1731 Gault St, SAINT PETER, MN, 56082-1700
- **NAICS:** 333515
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.21M
- **Initial approval:** $1.21M
- **Forgiven:** $1.22M (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.21M
- **Jobs reported:** 60
## Lender
- **Originating:** Bremer Bank, National Association
- **Servicing:** Bremer Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*