# PPP loan: J.J. MCDONNELL, INC.
> **$1.74M** approved 04/14/2020 · Paid in Full · Loan `7822657100`
## Borrower
- **Name:** J.J. MCDONNELL, INC.
- **Address:** 7010 Brookdale Drive, Elkridge, MD, 21075
- **NAICS:** 424490
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.74M
- **Initial approval:** $1.74M
- **Forgiven:** $1.76M (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.39M
- **Rent:** $120K
- **Utilities:** $42K
- **Health care:** $155K
- **Debt interest:** $32K
- **Jobs reported:** 161
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*