# PPP loan: MAC JOHNSON ROOFING INC.
> **$540K** approved 04/06/2020 · Paid in Full · Loan `6287367001`
## Borrower
- **Name:** MAC JOHNSON ROOFING INC.
- **Address:** 104 SW 266TH ST, NEWBERRY, FL, 32669-4575
- **NAICS:** 238160
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $540K
- **Initial approval:** $540K
- **Forgiven:** $544K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $432K
- **Mortgage interest:** $36K
- **Utilities:** $26K
- **Debt interest:** $46K
- **Jobs reported:** 43
## Lender
- **Originating:** Seacoast National Bank
- **Servicing:** Seacoast National Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*