# PPP loan: J & G MACHINERY INC.
> **$368K** approved 04/09/2020 · Paid in Full · Loan `8931807003`
## Borrower
- **Name:** J & G MACHINERY INC.
- **Address:** 2127 Boone Trail Rd, SANFORD, NC, 27330-8640
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $368K
- **Initial approval:** $368K
- **Forgiven:** $372K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $368K
- **Jobs reported:** 24
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*