# PPP loan: J & J CATTLE CO
> **$411K** approved 04/06/2020 · Paid in Full · Loan `5829807003`
## Borrower
- **Name:** J & J CATTLE CO
- **Address:** 2253 HIGHWAY 6 TRL, MARENGO, IA, 52301-8500
- **NAICS:** 111150
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $411K
- **Initial approval:** $411K
- **Forgiven:** $413K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $329K
- **Utilities:** $82K
- **Jobs reported:** 46
## Lender
- **Originating:** Lincoln Savings Bank
- **Servicing:** Lincoln Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*