# PPP loan: JOHNSON & SCOFIELD, INC.
> **$200K** approved 04/07/2020 · Paid in Full · Loan `6989927008`
## Borrower
- **Name:** JOHNSON & SCOFIELD, INC.
- **Address:** 1203 Main St, RED WING, MN, 55066-2175
- **NAICS:** 541370
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $295K
- **Forgiven:** $201K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Jobs reported:** 19
## Lender
- **Originating:** Merchants Bank, National Association
- **Servicing:** Merchants Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*