# PPP loan: J&J RENTALS LLC
> **$156K** approved 03/10/2021 · Paid in Full · Loan `8985918504`
## Borrower
- **Name:** J&J RENTALS LLC
- **Address:** 7807 N World Dr., Hobbs, NM, 88242
- **NAICS:** 532120
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $156K
- **Initial approval:** $156K
- **Forgiven:** $157K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $156K
- **Jobs reported:** 15
## Lender
- **Originating:** First American Bank
- **Servicing:** First American Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*