# PPP loan: J. M. GRIMSTAD, INC.
> **$1.25M** approved 04/10/2020 · Paid in Full · Loan `2390407109`
## Borrower
- **Name:** J. M. GRIMSTAD, INC.
- **Address:** S84W18887 ENTERPRISE DR, MUSKEGO, WI, 53150-8785
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.25M
- **Initial approval:** $1.25M
- **Forgiven:** $1.26M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.25M
- **Jobs reported:** 71
## Lender
- **Originating:** Associated Bank, National Association
- **Servicing:** Associated Bank, National Association (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*