# PPP loan: JIS MEASUREMENT & OPERATING INC
> **$300K** approved 04/05/2020 · Paid in Full · Loan `5307397003`
## Borrower
- **Name:** JIS MEASUREMENT & OPERATING INC
- **Address:** 2412 S COLLEGE HILLS BLVD  Ste 200, SAN ANGELO, TX, 76904-8425
- **NAICS:** 213112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Forgiven:** $302K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $240K
- **Rent:** $25K
- **Utilities:** $20K
- **Debt interest:** $15K
- **Jobs reported:** 22
## Lender
- **Originating:** The First National Bank of Sterling City
- **Servicing:** The First National Bank of Sterling City (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*