# PPP loan: JOHNSON OIL COMPANY OF GAYLORD
> **$1.38M** approved 04/14/2020 · Paid in Full · Loan `7921097104`
## Borrower
- **Name:** JOHNSON OIL COMPANY OF GAYLORD
- **Address:** 507 S OTSEGO AVE, GAYLORD, MI, 49735
- **NAICS:** 424720
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.38M
- **Initial approval:** $1.38M
- **Forgiven:** $1.40M (101%)
- **Forgiveness date:** 07/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.38M
- **Jobs reported:** 160
## Lender
- **Originating:** Fifth Third Bank
- **Servicing:** Fifth Third Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*