# PPP loan: JL&BL
> **$305K** approved 01/29/2021 · Exemption 4 · Loan `7969178306`
## Borrower
- **Name:** JL&BL
- **Address:** 1118 16th St, Sacramento, CA, 95814-4027
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $305K
- **Initial approval:** $305K
- **Forgiven:** $277K (91%)
- **Forgiveness date:** 10/18/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $305K
- **Utilities:** $1
- **Jobs reported:** 61
## Lender
- **Originating:** Oak Valley Community Bank
- **Servicing:** Oak Valley Community Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*