# PPP loan: JONES & EBERT INC.
> **$204K** approved 04/07/2020 · Paid in Full · Loan `7506397005`
## Borrower
- **Name:** JONES & EBERT INC.
- **Address:** 2598 US HIGHWAY 41 S, VALDOSTA, GA, 31601-1423
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $204K
- **Initial approval:** $204K
- **Forgiven:** $205K (101%)
- **Forgiveness date:** 03/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $173K
- **Rent:** $12K
- **Utilities:** $12K
- **Debt interest:** $7K
- **Jobs reported:** 17
## Lender
- **Originating:** The First Bank
- **Servicing:** The First Bank (MS)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*