# PPP loan: THE JAY GROUP LTD.
> **$634K** approved 03/12/2021 · Paid in Full · Loan `9584108501`
## Borrower
- **Name:** THE JAY GROUP LTD.
- **Address:** 1450 Atlantic Ave, Rocky Mount, NC, 27801-2714
- **NAICS:** 424340
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $634K
- **Initial approval:** $634K
- **Forgiven:** $643K (101%)
- **Forgiveness date:** 07/08/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $634K
- **Utilities:** $1
- **Jobs reported:** 110
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*