# PPP loan: JD-ASG MGMT CO., INC.
> **$720K** approved 04/07/2020 · Paid in Full · Loan `6473937010`
## Borrower
- **Name:** JD-ASG MGMT CO., INC.
- **Address:** 51 S 3rd ST, JACKSONVILLE BEACH, FL, 32250-6808
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $720K
- **Initial approval:** $720K
- **Forgiven:** $725K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $540K
- **Rent:** $180K
- **Jobs reported:** 277
## Lender
- **Originating:** Lake Forest Bank & Trust Company, National Association
- **Servicing:** Lake Forest Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*