# PPP loan: JONES-MCLEOD, INC.
> **$469K** approved 04/14/2020 · Paid in Full · Loan `7337727104`
## Borrower
- **Name:** JONES-MCLEOD, INC.
- **Address:** 1530 ALTON RD, BIRMINGHAM, AL, 35210-4779
- **NAICS:** 423620
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $469K
- **Initial approval:** $469K
- **Forgiven:** $472K (101%)
- **Forgiveness date:** 11/20/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $426K
- **Rent:** $32K
- **Utilities:** $11K
- **Jobs reported:** 36
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*