# PPP loan: JOHNSON OIL COMPANY, INC
> **$208K** approved 04/27/2020 · Paid in Full · Loan `4408107209`
## Borrower
- **Name:** JOHNSON OIL COMPANY, INC
- **Address:** 960 1ST ST PO BOX 138, BATTLE CREEK, IA, 51006-7717
- **NAICS:** 424710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $208K
- **Initial approval:** $208K
- **Forgiven:** $209K (100%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $166K
- **Rent:** $3K
- **Mortgage interest:** $33K
- **Utilities:** $5K
- **Jobs reported:** 20
## Lender
- **Originating:** United Bank of Iowa
- **Servicing:** United Bank of Iowa (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*