# PPP loan: JOHN F SIMPSON, JR, PSC
> **$620K** approved 04/07/2020 · Paid in Full · Loan `6728237004`
## Borrower
- **Name:** JOHN F SIMPSON, JR, PSC
- **Address:** 340 Meijer Way, LEXINGTON, KY, 40503-3340
- **NAICS:** 621320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $620K
- **Initial approval:** $620K
- **Forgiven:** $624K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $496K
- **Utilities:** $124K
- **Jobs reported:** 73
## Lender
- **Originating:** Forcht Bank, National Association
- **Servicing:** Forcht Bank, National Association (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*