# PPP loan: JAFCO FOODS, INC.
> **$515K** approved 04/07/2020 · Paid in Full · Loan `6608887006`
## Borrower
- **Name:** JAFCO FOODS, INC.
- **Address:** 100 WILLOW ST Unit 2, NORTH ANDOVER, MA, 01845-5918
- **NAICS:** 424420
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $515K
- **Initial approval:** $515K
- **Forgiven:** $519K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $472K
- **Rent:** $18K
- **Utilities:** $6K
- **Health care:** $19K
- **Jobs reported:** 28
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*