Johnson Contractors, Inc.

$6,467,500 PPP Loan in Muscle Shoals, Alabama

Loan Details

Loan Number
6037897004
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$6,467,500
Current Approval
$6,467,500
Forgiveness Amount
$6,540,259
Forgiveness Date
May 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Johnson Contractors, Inc.
Address
3635 2nd Street
State
Alabama
ZIP Code
35661-1275
Business Type
Corporation
Industry (NAICS)
Mining, Quarrying, and Oil and Gas Extraction (213112)
Business Age
Existing or more than 2 years old
Jobs Reported
368
Estimated Revenue
$22.3M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$6,442,500
Rent
$10,000
Utilities
$15,000

Lender Information

Servicing Lender
Bank Independent
Originating Lender
Bank Independent

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