# PPP loan: JIM MASSEYS INC
> **$452K** approved 04/07/2020 · Paid in Full · Loan `7529627005`
## Borrower
- **Name:** JIM MASSEYS INC
- **Address:** 531 E SOUTH ST, MONTGOMERY, AL, 36104-5833
- **NAICS:** 812320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $452K
- **Initial approval:** $452K
- **Forgiven:** $455K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $337K
- **Rent:** $65K
- **Utilities:** $40K
- **Health care:** $10K
- **Jobs reported:** 78
## Lender
- **Originating:** River Bank & Trust
- **Servicing:** River Bank & Trust (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*