# PPP loan: JACKS OF VIRGINIA INC.
> **$223K** approved 01/27/2021 · Paid in Full · Loan `6876858305`
## Borrower
- **Name:** JACKS OF VIRGINIA INC.
- **Address:** 11842 Canon Blvd, Newport News, VA, 23606-2556
- **NAICS:** 238330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $223K
- **Initial approval:** $223K
- **Forgiven:** $225K (101%)
- **Forgiveness date:** 01/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $223K
- **Utilities:** $1
- **Jobs reported:** 29
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*