# PPP loan: J.A.R. BAKERS SUPPLY INC.
> **$231K** approved 01/28/2021 · Exemption 4 · Loan `7337488307`
## Borrower
- **Name:** J.A.R. BAKERS SUPPLY INC.
- **Address:** 12 Crow Point Rd, Lincoln, RI, 02865-3259
- **NAICS:** 311811
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $231K
- **Initial approval:** $231K
- **Forgiven:** $230K (100%)
- **Forgiveness date:** 03/31/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $231K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** Citizens Bank, National Association
- **Servicing:** Citizens Bank, National Association (RI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*