# PPP loan: J&M INSTALLATIONS INC.
> **$1.41M** approved 04/07/2020 · Paid in Full · Loan `7262457002`
## Borrower
- **Name:** J&M INSTALLATIONS INC.
- **Address:** 20 INDUSTRIAL AVE, CHELMSFORD, MA, 01824-3610
- **NAICS:** 484210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.41M
- **Initial approval:** $1.41M
- **Forgiven:** $1.42M (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.19M
- **Rent:** $100K
- **Utilities:** $11K
- **Health care:** $110K
- **Jobs reported:** 100
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*