# PPP loan: JACO HOLDING COMPANY
> **$2.71M** approved 04/05/2020 · Paid in Full · Loan `5385407010`
## Borrower
- **Name:** JACO HOLDING COMPANY
- **Address:** 601 13th Street NW, WASHINGTON, DC, 20005-3800
- **NAICS:** 531390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.71M
- **Initial approval:** $2.71M
- **Forgiven:** $2.75M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.17M
- **Health care:** $543K
- **Jobs reported:** 134
## Lender
- **Originating:** EagleBank
- **Servicing:** EagleBank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*