# PPP loan: JOHNSON & LAFFEN
> **$2.13M** approved 04/06/2020 · Paid in Full · Loan `5719207010`
## Borrower
- **Name:** JOHNSON & LAFFEN
- **Address:** 124 North 3rd Street, GRAND FORKS, ND, 58203-3716
- **NAICS:** 541310
- **Business type:** Trust
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $2.13M
- **Initial approval:** $2.13M
- **Forgiven:** $2.15M (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.60M
- **Rent:** $266K
- **Utilities:** $266K
- **Jobs reported:** 128
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*