# PPP loan: MJ INDUSTRIES INC.
> **$1.02M** approved 01/26/2021 · Paid in Full · Loan `5952848300`
## Borrower
- **Name:** MJ INDUSTRIES INC.
- **Address:** 2951 N Ventura Ave, Ventura, CA, 93001-1210
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.02M
- **Initial approval:** $1.02M
- **Forgiven:** $1.03M (101%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.02M
- **Jobs reported:** 62
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*