# PPP loan: JBT CORP.
> **$488K** approved 04/07/2020 · Paid in Full · Loan `6651157005`
## Borrower
- **Name:** JBT CORP.
- **Address:** 704 10th Avenue, GRAFTON, WI, 53024-1429
- **NAICS:** 332999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $488K
- **Initial approval:** $488K
- **Forgiven:** $490K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $370K
- **Rent:** $39K
- **Mortgage interest:** $4K
- **Utilities:** $75K
- **Jobs reported:** 36
## Lender
- **Originating:** Bank First, N.A.
- **Servicing:** Bank First, N.A. (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*