# PPP loan: M & G JEWELERS, INC
> **$1.42M** approved 04/30/2020 · Paid in Full · Loan `6850647307`
## Borrower
- **Name:** M & G JEWELERS, INC
- **Address:** 10823 Edison Court, Rancho Cucamonga, CA, 91730
- **NAICS:** 811490
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.42M
- **Initial approval:** $1.42M
- **Forgiven:** $1.44M (101%)
- **Forgiveness date:** 07/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.42M
- **Jobs reported:** 141
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*