# PPP loan: JOHNSON STRING INSTRUMENT INC
> **$1.00M** approved 04/29/2020 · Paid in Full · Loan `2220147307`
## Borrower
- **Name:** JOHNSON STRING INSTRUMENT INC
- **Address:** 1029 CHESTNUT ST, NEWTON UPPER FALLS, MA, 02464-1129
- **NAICS:** 451140
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.00M
- **Initial approval:** $1.00M
- **Forgiven:** $1.01M (101%)
- **Forgiveness date:** 08/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $991K
- **Mortgage interest:** $5K
- **Utilities:** $5K
- **Jobs reported:** 87
## Lender
- **Originating:** Middlesex Savings Bank
- **Servicing:** Middlesex Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*