# PPP loan: JANCO INDUSTRIES, INC.
> **$2.15M** approved 04/14/2020 · Paid in Full · Loan `7291037102`
## Borrower
- **Name:** JANCO INDUSTRIES, INC.
- **Address:** 37893 Von Euw Common, FREMONT, CA, 94536
- **NAICS:** 238110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.15M
- **Initial approval:** $2.15M
- **Forgiven:** $2.18M (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.07M
- **Rent:** $30K
- **Utilities:** $6K
- **Health care:** $47K
- **Jobs reported:** 187
## Lender
- **Originating:** Bank of Stockton
- **Servicing:** Bank of Stockton (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*