# PPP loan: THE JOSEPH COMPANY INC.
> **$483K** approved 02/03/2021 · Paid in Full · Loan `2280068403`
## Borrower
- **Name:** THE JOSEPH COMPANY INC.
- **Address:** 2003 14th St NE, Austin, MN, 55912-4939
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $483K
- **Initial approval:** $483K
- **Forgiven:** $486K (101%)
- **Forgiveness date:** 09/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $483K
- **Utilities:** $1
- **Jobs reported:** 45
## Lender
- **Originating:** First Farmers & Merchants State Bank
- **Servicing:** First Farmers & Merchants State Bank (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*