# PPP loan: JEFCO, INC
> **$595K** approved 04/28/2020 · Paid in Full · Loan `7453697203`
## Borrower
- **Name:** JEFCO, INC
- **Address:** 11501 N LAKERIDGE PKWY, suite 100, ASHLAND, VA, 23005-8051
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $595K
- **Initial approval:** $595K
- **Forgiven:** $599K (101%)
- **Forgiveness date:** 07/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $476K
- **Rent:** $23K
- **Health care:** $96K
- **Jobs reported:** 47
## Lender
- **Originating:** Locus Bank Inc
- **Servicing:** Locus Bank Inc (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*