PPP Loan information for Johnson contractors, inc.

$6,467,500

Johnson contractors, inc. was initially approved for PPP Loan of amount $6,467,500, the current approved amount is $6,467,500. The loan was approved on 04/06/2020 by The Bank Independent reported 368 jobs and $6,467,500 was used to fund payroll.

Johnson contractors, inc. is Existing or more than 2 years old

PPP Loan Search / AL / MUSCLE SHOALS / Johnson contractors, inc.

JOHNSON CONTRACTORS, INC.

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

JOHNSON CONTRACTORS, INC.

Borrower Address

3635 2ND STREET

Borrower City

MUSCLE SHOALS

Borrower State

AL

Borrower Zip

35661-1275

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6467500.00

Current Approval Amount

6467500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3273

Servicing Lender Name

Bank Independent

Servicing Lender Address

710 S Montgomery Ave

Servicing Lender City

SHEFFIELD

Servicing Lender State

AL

Servicing Lender Zip

35660-3812

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MUSCLE SHOALS

Project County Name

COLBERT

Project State

AL

Project Zip

35661-1275

CD

AL-04

Jobs Reported

368

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

6442500.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

3273

Originating Lender

Bank Independent

Originating Lender City

SHEFFIELD

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6540259.38

Forgiveness Date

05/25/2021

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