# PPP loan: BONEAL INCORPORATED
> **$1.16M** approved 04/09/2020 · Paid in Full · Loan `9721207007`
## Borrower
- **Name:** BONEAL INCORPORATED
- **Address:** 6962 Hwy 460 0.0, Means, KY, 40346-8981
- **NAICS:** 339999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.16M
- **Initial approval:** $1.16M
- **Forgiven:** $1.18M (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $850K
- **Rent:** $110K
- **Mortgage interest:** $83K
- **Utilities:** $60K
- **Health care:** $50K
- **Debt interest:** $10K
- **Jobs reported:** 117
## 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*