# PPP loan: THOMPSON & JOHNSON EQUIPMENT CO., INC
> **$2.10M** approved 04/15/2020 · Paid in Full · Loan `8252047107`
## Borrower
- **Name:** THOMPSON & JOHNSON EQUIPMENT CO., INC
- **Address:** 6926 Fly Road, East Syracuse, NY, 13057
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.10M
- **Initial approval:** $2.10M
- **Forgiven:** $2.13M (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.70M
- **Rent:** $75K
- **Utilities:** $12K
- **Health care:** $227K
- **Debt interest:** $90K
- **Jobs reported:** 163
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*