# PPP loan: JMAC LENDING, INC.
> **$2.45M** approved 04/15/2020 · Paid in Full · Loan `9677757108`
## Borrower
- **Name:** JMAC LENDING, INC.
- **Address:** 2510 Redhill Ave, SANTA ANA, CA, 92705-5542
- **NAICS:** 522292
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.45M
- **Initial approval:** $2.45M
- **Forgiven:** $2.49M (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.24M
- **Rent:** $210K
- **Jobs reported:** 145
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*