# PPP loan: JACOBY & JACOBY INC
> **$365K** approved 04/07/2020 · Paid in Full · Loan `6582497008`
## Borrower
- **Name:** JACOBY & JACOBY INC
- **Address:** 806 PO Box, MELVIN, TX, 76858-0806
- **NAICS:** 493130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $365K
- **Initial approval:** $365K
- **Forgiven:** $368K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $365K
- **Jobs reported:** 52
## Lender
- **Originating:** The Brady National Bank
- **Servicing:** The Brady National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*