# PPP loan: J.G. RESTAURANTS, INC.
> **$574K** approved 04/08/2020 · Paid in Full · Loan `8611357000`
## Borrower
- **Name:** J.G. RESTAURANTS, INC.
- **Address:** 8660 Plum Drive, URBANDALE, IA, 50322-7353
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $574K
- **Initial approval:** $574K
- **Forgiven:** $578K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $460K
- **Mortgage interest:** $49K
- **Utilities:** $15K
- **Health care:** $50K
- **Jobs reported:** 132
## Lender
- **Originating:** VisionBank of Iowa
- **Servicing:** VisionBank of Iowa (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*