# PPP loan: JEFF PERRY, INC.
> **$289K** approved 04/14/2020 · Paid in Full · Loan `6817547103`
## Borrower
- **Name:** JEFF PERRY, INC.
- **Address:** 1260 N 7th Street, ROCHELLE, IL, 61068-1196
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $289K
- **Initial approval:** $289K
- **Forgiven:** $291K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Rent:** $39K
- **Jobs reported:** 32
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*