# PPP loan: J AND J HOMES INC.
> **$949K** approved 04/03/2020 · Paid in Full · Loan `4453447009`
## Borrower
- **Name:** J AND J HOMES INC.
- **Address:** 8365 BRANDON RD, BAXTER, MN, 56425-8742
- **NAICS:** 623210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $949K
- **Initial approval:** $949K
- **Forgiven:** $954K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $759K
- **Rent:** $25K
- **Utilities:** $165K
- **Jobs reported:** 165
## Lender
- **Originating:** Mid Minnesota FCU
- **Servicing:** Mid Minnesota FCU (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*