# PPP loan: J & R CONTRACTING CO., INC.
> **$346K** approved 04/05/2020 · Paid in Full · Loan `5282807009`
## Borrower
- **Name:** J & R CONTRACTING CO., INC.
- **Address:** 1300 Michigan Ave, WATERVILLE, OH, 43566-1011
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $346K
- **Initial approval:** $346K
- **Forgiven:** $348K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $277K
- **Rent:** $44K
- **Utilities:** $25K
- **Jobs reported:** 30
## Lender
- **Originating:** Waterford Bank, National Association
- **Servicing:** Waterford Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*