# PPP loan: JSK DEVELOPMENT, INC.
> **$395K** approved 04/09/2020 · Paid in Full · Loan `9808377004`
## Borrower
- **Name:** JSK DEVELOPMENT, INC.
- **Address:** 247 N DIXIE WAY, SOUTH BEND, IN, 46637-3309
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $395K
- **Initial approval:** $395K
- **Forgiven:** $398K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $303K
- **Mortgage interest:** $50K
- **Utilities:** $12K
- **Health care:** $17K
- **Debt interest:** $13K
- **Jobs reported:** 37
## Lender
- **Originating:** Sturgis Bank & Trust Company
- **Servicing:** Sturgis Bank & Trust Company (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*