# PPP loan: JOHNNY MARTINEZ INC
> **$220K** approved 04/30/2020 · Exemption 4 · Loan `5674067305`
## Borrower
- **Name:** JOHNNY MARTINEZ INC
- **Address:** 3421 KING AVE, PASCO, WA, 99301
- **NAICS:** 484110
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $48K (22%)
- **Forgiveness date:** 01/18/2023
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $220K
- **Jobs reported:** 10
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*