# PPP loan: JLC DONUTS INC.
> **$360K** approved 04/09/2020 · Paid in Full · Loan `8969757007`
## Borrower
- **Name:** JLC DONUTS INC.
- **Address:** 72 SHREWSBURY ST Suite 7 c/o Branded Management Group Inc., WORCESTER, MA, 01604-4602
- **NAICS:** 445291
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $360K
- **Initial approval:** $360K
- **Forgiven:** $363K (101%)
- **Forgiveness date:** 04/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $360K
- **Jobs reported:** 82
## Lender
- **Originating:** Bay State Savings Bank
- **Servicing:** Bay State Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*