# PPP loan: J AND L FOOD SERVICES, INCORPORATED
> **$951K** approved 02/10/2021 · Exemption 4 · Loan `6726978409`
## Borrower
- **Name:** J AND L FOOD SERVICES, INCORPORATED
- **Address:** 1639 W Walnut St, Chicago, IL, 60612-2520
- **NAICS:** 722320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $951K
- **Initial approval:** $951K
- **Forgiven:** $678K (71%)
- **Forgiveness date:** 08/10/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $951K
- **Utilities:** $1
- **Jobs reported:** 49
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*