# PPP loan: JTS AUTO SERVICE, INC.
> **$218K** approved 04/13/2020 · Paid in Full · Loan `5297187103`
## Borrower
- **Name:** JTS AUTO SERVICE, INC.
- **Address:** 11580 HANSON BLVD NW, COON RAPIDS, MN, 55433-3031
- **NAICS:** 447110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $218K
- **Initial approval:** $218K
- **Forgiven:** $220K (101%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $218K
- **Jobs reported:** 33
## Lender
- **Originating:** Granite Bank
- **Servicing:** Granite Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*