# PPP loan: JB PACIFIC, INC
> **$526K** approved 04/15/2020 · Paid in Full · Loan `9875117105`
## Borrower
- **Name:** JB PACIFIC, INC
- **Address:** 11633 Sorrento Valley Rd Ste 103, San Diego, CA, 92121-1039
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $526K
- **Initial approval:** $526K
- **Forgiven:** $530K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $476K
- **Rent:** $9K
- **Utilities:** $1K
- **Health care:** $40K
- **Jobs reported:** 30
## 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*