# PPP loan: JBJ AUTOSALES INC
> **$254K** approved 04/27/2020 · Paid in Full · Loan `6155297209`
## Borrower
- **Name:** JBJ AUTOSALES INC
- **Address:** 3701 Ave Q, LUBBOCK, TX, 79412-1241
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $254K
- **Initial approval:** $254K
- **Forgiven:** $255K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $203K
- **Mortgage interest:** $25K
- **Utilities:** $25K
- **Jobs reported:** 30
## Lender
- **Originating:** City Bank
- **Servicing:** City Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*