# PPP loan: JDL VENTURES INC
> **$547K** approved 04/14/2020 · Paid in Full · Loan `7933487100`
## Borrower
- **Name:** JDL VENTURES INC
- **Address:** 4415 Wheeler Avenue, Alexandria, VA, 22304
- **NAICS:** 722310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $547K
- **Initial approval:** $547K
- **Forgiven:** $550K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $480K
- **Rent:** $39K
- **Utilities:** $15K
- **Health care:** $13K
- **Jobs reported:** 70
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*