# PPP loan: MAY & JOHNSON
> **$230K** approved 04/14/2020 · Paid in Full · Loan `7263507104`
## Borrower
- **Name:** MAY & JOHNSON
- **Address:** 6805 S. MINNESOTA AVE, SIOUX FALLS, SD, 57108-2527
- **NAICS:** 541110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Forgiven:** $232K (101%)
- **Forgiveness date:** 04/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $184K
- **Rent:** $11K
- **Utilities:** $11K
- **Health care:** $11K
- **Debt interest:** $11K
- **Jobs reported:** 14
## Lender
- **Originating:** CorTrust Bank National Association
- **Servicing:** CorTrust Bank National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*