# PPP loan: JOHN A. CONKLING DISTRIBUTING COMPANY, INC.
> **$197K** approved 04/10/2020 · Paid in Full · Loan `1973777101`
## Borrower
- **Name:** JOHN A. CONKLING DISTRIBUTING COMPANY, INC.
- **Address:** 44414 SD HWY 50, YANKTON, SD, 57078-6454
- **NAICS:** 493120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $197K
- **Initial approval:** $156K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $148K
- **Mortgage interest:** $25K
- **Utilities:** $25K
- **Jobs reported:** 16
## Lender
- **Originating:** CorTrust Bank National Association
- **Servicing:** CorTrust Bank National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*