# PPP loan: JOHNSON-DOWNS CONSTRUCTION, INC.
> **$337K** approved 04/10/2020 · Paid in Full · Loan `2284567107`
## Borrower
- **Name:** JOHNSON-DOWNS CONSTRUCTION, INC.
- **Address:** 140 W Mertens, KANKAKEE, IL, 60901
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $337K
- **Initial approval:** $337K
- **Forgiven:** $340K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $335K
- **Utilities:** $2K
- **Jobs reported:** 12
## Lender
- **Originating:** Midland States Bank
- **Servicing:** Midland States Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*