# PPP loan: J & K ELECTRIC INC
> **$206K** approved 05/19/2020 · Paid in Full · Loan `9120207404`
## Borrower
- **Name:** J & K ELECTRIC INC
- **Address:** 18 North Main St, Graysville, AL, 35073
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $206K
- **Initial approval:** $206K
- **Forgiven:** $208K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $206K
- **Jobs reported:** 19
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*