# PPP loan: J&L ACOUSTICS INC.
> **$553K** approved 01/30/2021 · Paid in Full · Loan `8884528310`
## Borrower
- **Name:** J&L ACOUSTICS INC.
- **Address:** 41 W Division St Ste A, Evansville, IN, 47710-1376
- **NAICS:** 238310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $553K
- **Initial approval:** $553K
- **Forgiven:** $559K (101%)
- **Forgiveness date:** 02/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $553K
- **Utilities:** $1
- **Jobs reported:** 29
## Lender
- **Originating:** Field & Main Bank
- **Servicing:** Field & Main Bank (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*