# PPP loan: J C TOLAND PAINTING, LLC
> **$1.22M** approved 04/05/2020 · Paid in Full · Loan `5214747002`
## Borrower
- **Name:** J C TOLAND PAINTING, LLC
- **Address:** 397 NW 43RD PL, DES MOINES, IA, 50313-2733
- **NAICS:** 238320
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.22M
- **Initial approval:** $1.22M
- **Forgiven:** $1.23M (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.21M
- **Mortgage interest:** $6K
- **Utilities:** $5K
- **Jobs reported:** 118
## Lender
- **Originating:** Freedom Financial Bank
- **Servicing:** Freedom Financial Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*