# PPP loan: JDB HOBBY INC
> **$890K** approved 04/05/2020 · Paid in Full · Loan `5540307005`
## Borrower
- **Name:** JDB HOBBY INC
- **Address:** 7990 Bellfort Avenue, HOUSTON, TX, 77061-1954
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $890K
- **Initial approval:** $890K
- **Forgiven:** $898K (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $683K
- **Rent:** $96K
- **Utilities:** $13K
- **Debt interest:** $98K
- **Jobs reported:** 60
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*