# PPP loan: J.A.K. ENTERPRISES, INC
> **$1.72M** approved 04/05/2020 · Paid in Full · Loan `5409817010`
## Borrower
- **Name:** J.A.K. ENTERPRISES, INC
- **Address:** 8309 N Knoxville Ave, PEORIA, IL, 61615-2139
- **NAICS:** 621320
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.72M
- **Initial approval:** $1.72M
- **Forgiven:** $1.73M (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.29M
- **Rent:** $429K
- **Jobs reported:** 173
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*