# PPP loan: JOHN G. WALTON CONSTRUCTION COMPANY, INC
> **$1.27M** approved 04/05/2020 · Paid in Full · Loan `5362397006`
## Borrower
- **Name:** JOHN G. WALTON CONSTRUCTION COMPANY, INC
- **Address:** 1806 WOLF RIDGE RD, MOBILE, AL, 36619-1400
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.27M
- **Initial approval:** $1.27M
- **Forgiven:** $1.28M (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.11M
- **Rent:** $34K
- **Mortgage interest:** $49K
- **Utilities:** $65K
- **Debt interest:** $10K
- **Jobs reported:** 120
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*