# PPP loan: JET RESEARCH DEVELOPMENT, INC
> **$1.58M** approved 04/09/2020 · Paid in Full · Loan `9644067008`
## Borrower
- **Name:** JET RESEARCH DEVELOPMENT, INC
- **Address:** 1215 W NEWPORT CENTER DR, DEERFIELD BEACH, FL, 33442-7738
- **NAICS:** 332912
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.58M
- **Initial approval:** $1.58M
- **Forgiven:** $1.60M (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.58M
- **Jobs reported:** 123
## 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*