# PPP loan: J & M INDUSTRIES, INC.
> **$1.07M** approved 04/09/2020 · Paid in Full · Loan `9507437005`
## Borrower
- **Name:** J & M INDUSTRIES, INC.
- **Address:** 300 Ponchatoula Parkway 0.0, Ponchatoula, LA, 70454-8311
- **NAICS:** 423330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.08M (101%)
- **Forgiveness date:** 06/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $892K
- **Mortgage interest:** $60K
- **Utilities:** $11K
- **Health care:** $90K
- **Debt interest:** $16K
- **Jobs reported:** 102
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*