# PPP loan: JM UTILITY GROUP INC
> **$328K** approved 04/28/2020 · Paid in Full · Loan `7459257201`
## Borrower
- **Name:** JM UTILITY GROUP INC
- **Address:** 7600 GEORGIA AVENUE NW, WASHINGTON, DC, 20012
- **NAICS:** 237990
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $328K
- **Initial approval:** $328K
- **Forgiven:** $331K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $328K
- **Jobs reported:** 33
## Lender
- **Originating:** EagleBank
- **Servicing:** EagleBank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*