# PPP loan: JACOBS MARKETING INC.
> **$1.30M** approved 04/06/2020 · Paid in Full · Loan `5864687010`
## Borrower
- **Name:** JACOBS MARKETING INC.
- **Address:** 45 S 7th Street Suite 2100, MINNEAPOLIS, MN, 55402-1607
- **NAICS:** 541613
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.30M
- **Initial approval:** $1.30M
- **Forgiven:** $1.23M (94%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.30M
- **Jobs reported:** 53
## Lender
- **Originating:** Highland Bank
- **Servicing:** Highland Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*