# PPP loan: JAY PEAK INC.
> **$3.25M** approved 06/29/2020 · Paid in Full · Loan `5859438007`
## Borrower
- **Name:** JAY PEAK INC.
- **Address:** 350 E Las Olas Blvd Suite 1600, FORT LAUDERDALE, FL, 33301-2229
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.25M
- **Initial approval:** $3.25M
- **Forgiven:** $3.31M (102%)
- **Forgiveness date:** 04/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.44M
- **Utilities:** $813K
- **Jobs reported:** 381
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*