# PPP loan: J&J ENTERPRISE INC
> **$242K** approved 04/14/2020 · Paid in Full · Loan `7618987108`
## Borrower
- **Name:** J&J ENTERPRISE INC
- **Address:** 114 N 2nd Avenue, Alpena, MI, 49707
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $244K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $182K
- **Mortgage interest:** $61K
- **Jobs reported:** 79
## Lender
- **Originating:** Northland Area FCU
- **Servicing:** Northland Area FCU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*