# PPP loan: JARRETT INDUSTRIES INC
> **$727K** approved 04/08/2020 · Paid in Full · Loan `7675647009`
## Borrower
- **Name:** JARRETT INDUSTRIES INC
- **Address:** 1600 MADISON ST, SOUTH ROXANA, IL, 62087-1604
- **NAICS:** 237120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $727K
- **Initial approval:** $727K
- **Forgiven:** $732K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $546K
- **Rent:** $182K
- **Jobs reported:** 45
## Lender
- **Originating:** Carrollton Bank
- **Servicing:** Carrollton Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*