# PPP loan: JONNIC CONSTRUCTION, LLC
> **$270K** approved 03/13/2021 · Paid in Full · Loan `1568138601`
## Borrower
- **Name:** JONNIC CONSTRUCTION, LLC
- **Address:** 32602 S Highway 213, Molalla, OR, 97038-7535
- **NAICS:** 237310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $270K
- **Initial approval:** $270K
- **Forgiven:** $272K (101%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $270K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Northwest Bank
- **Servicing:** Northwest Bank (ID)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*