# PPP loan: J & S DIRECTIONAL BORING INC.
> **$237K** approved 04/08/2020 · Paid in Full · Loan `8655697010`
## Borrower
- **Name:** J & S DIRECTIONAL BORING INC.
- **Address:** 13182 FM 852, GILMER, TX, 75644-4209
- **NAICS:** 213111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $237K
- **Initial approval:** $275K
- **Forgiven:** $238K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $237K
- **Jobs reported:** 50
## Lender
- **Originating:** Austin Bank, Texas National Association
- **Servicing:** Austin Bank, Texas National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*