# PPP loan: JAC AIRPORT, INC.
> **$827K** approved 04/08/2020 · Paid in Full · Loan `8743617008`
## Borrower
- **Name:** JAC AIRPORT, INC.
- **Address:** 3069 ALCOA HWY, ALCOA, TN, 37701-3120
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $827K
- **Initial approval:** $827K
- **Forgiven:** $833K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $621K
- **Rent:** $126K
- **Utilities:** $80K
- **Jobs reported:** 67
## 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*