# PPP loan: MJBSALES, INC.
> **$572K** approved 04/06/2020 · Paid in Full · Loan `5751737005`
## Borrower
- **Name:** MJBSALES, INC.
- **Address:** 979 PENN GREEN RD, AVONDALE, PA, 19311-9782
- **NAICS:** 424410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $572K
- **Initial approval:** $572K
- **Forgiven:** $575K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $429K
- **Rent:** $49K
- **Mortgage interest:** $11K
- **Utilities:** $12K
- **Debt interest:** $71K
- **Jobs reported:** 54
## Lender
- **Originating:** Wilmington Savings Fund Society, FSB
- **Servicing:** Wilmington Savings Fund Society, FSB (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*