# PPP loan: J.R.'S APPLIANCE DISPOSAL, INC.
> **$348K** approved 04/07/2020 · Paid in Full · Loan `6500457004`
## Borrower
- **Name:** J.R.'S APPLIANCE DISPOSAL, INC.
- **Address:** 10619 Courthouse Blvd, INVER GROVE HEIGHTS, MN, 55077-5310
- **NAICS:** 423440
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $348K
- **Initial approval:** $348K
- **Forgiven:** $350K (101%)
- **Forgiveness date:** 12/21/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $272K
- **Rent:** $30K
- **Utilities:** $8K
- **Health care:** $39K
- **Jobs reported:** 30
## Lender
- **Originating:** Vermillion State Bank
- **Servicing:** Vermillion State Bank (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*