# PPP loan: JACOB INTERIOR TRIM CORP
> **$569K** approved 04/08/2020 · Paid in Full · Loan `7962787008`
## Borrower
- **Name:** JACOB INTERIOR TRIM CORP
- **Address:** 267 W 700 N, VALPARAISO, IN, 46385-8534
- **NAICS:** 238350
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $569K
- **Initial approval:** $569K
- **Forgiven:** $572K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $541K
- **Rent:** $14K
- **Utilities:** $14K
- **Jobs reported:** 48
## Lender
- **Originating:** Midland States Bank
- **Servicing:** Midland States Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*