# PPP loan: JACOB'S CONTRACTING LLC
> **$665K** approved 04/08/2020 · Paid in Full · Loan `8722247005`
## Borrower
- **Name:** JACOB'S CONTRACTING LLC
- **Address:** 975 Pinebrook Knolls Drive, WINSTON SALEM, NC, 27105-5076
- **NAICS:** 221330
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $665K
- **Initial approval:** $665K
- **Forgiven:** $670K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $614K
- **Rent:** $14K
- **Utilities:** $7K
- **Health care:** $27K
- **Debt interest:** $4K
- **Jobs reported:** 54
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*