# PPP loan: JM&R ELECTRICAL & AIR CONDITIONING CO., INC.
> **$460K** approved 04/14/2020 · Paid in Full · Loan `7782327100`
## Borrower
- **Name:** JM&R ELECTRICAL & AIR CONDITIONING CO., INC.
- **Address:** 19 Vermont Street Apt Box 431, Holland, NY, 14080
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $460K
- **Initial approval:** $460K
- **Forgiven:** $465K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $440K
- **Rent:** $3K
- **Utilities:** $1K
- **Health care:** $15K
- **Debt interest:** $1K
- **Jobs reported:** 48
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*