# PPP loan: JASPER INDUSTRIAL SUPPLY
> **$307K** approved 04/14/2020 · Paid in Full · Loan `6104597107`
## Borrower
- **Name:** JASPER INDUSTRIAL SUPPLY
- **Address:** 1404 10th Avenue West, JASPER, AL, 35501-4511
- **NAICS:** 452319
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $307K
- **Initial approval:** $307K
- **Forgiven:** $309K (101%)
- **Forgiveness date:** 12/04/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $248K
- **Rent:** $12K
- **Utilities:** $9K
- **Health care:** $38K
- **Jobs reported:** 23
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*