# PPP loan: JPC GROUP, INC.
> **$6.97M** approved 04/14/2020 · Paid in Full · Loan `6282537103`
## Borrower
- **Name:** JPC GROUP, INC.
- **Address:** 228 Blackwood Barnsboro Rd, BLACKWOOD, NJ, 08012
- **NAICS:** 237990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.97M
- **Initial approval:** $6.97M
- **Forgiven:** $7.06M (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.49M
- **Rent:** $255K
- **Utilities:** $50K
- **Health care:** $176K
- **Jobs reported:** 278
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*