# PPP loan: JMC DEVELOPMENT CORPORATION
> **$546K** approved 04/06/2020 · Paid in Full · Loan `5875117009`
## Borrower
- **Name:** JMC DEVELOPMENT CORPORATION
- **Address:** 2201 4TH ST, SAINT PETERSBURG, FL, 33704-4300
- **NAICS:** 237210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $546K
- **Initial approval:** $546K
- **Forgiven:** $551K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $546K
- **Jobs reported:** 45
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*