# PPP loan: JACKSON CONTROL CO INC
> **$315K** approved 04/07/2020 · Paid in Full · Loan `7624517005`
## Borrower
- **Name:** JACKSON CONTROL CO INC
- **Address:** 1708 E. 10TH ST, INDIANAPOLIS, IN, 46201-1904
- **NAICS:** 334512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $315K
- **Initial approval:** $315K
- **Forgiven:** $318K (101%)
- **Forgiveness date:** 01/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $237K
- **Rent:** $53K
- **Utilities:** $3K
- **Health care:** $8K
- **Debt interest:** $14K
- **Jobs reported:** 28
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*