# PPP loan: JOHNCO FOODS, INC.
> **$410K** approved 04/07/2020 · Paid in Full · Loan `6718617007`
## Borrower
- **Name:** JOHNCO FOODS, INC.
- **Address:** 11455 N 87th Place, SCOTTSDALE, AZ, 85260-6615
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $410K
- **Initial approval:** $410K
- **Forgiven:** $415K (101%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $371K
- **Rent:** $24K
- **Utilities:** $5K
- **Health care:** $10K
- **Jobs reported:** 62
## Lender
- **Originating:** Arizona Financial Credit Union
- **Servicing:** Arizona Financial Credit Union (AZ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*