# PPP loan: J & O ENTERPRISES INC
> **$173K** approved 07/07/2020 · Paid in Full · Loan `9306058009`
## Borrower
- **Name:** J & O ENTERPRISES INC
- **Address:** 300 W EXPRESSWAY 83, WESLACO, TX, 78599-4332
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Forgiven:** $175K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $104K
- **Utilities:** $69K
- **Jobs reported:** 48
## Lender
- **Originating:** Texas National Bank
- **Servicing:** Texas National Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*