# PPP loan: JOHNSTON ENTERPRISES, INC.
> **$902K** approved 04/15/2020 · Paid in Full · Loan `8342417104`
## Borrower
- **Name:** JOHNSTON ENTERPRISES, INC.
- **Address:** 2819 Fire Road, Egg Harbor Township, NJ, 08234
- **NAICS:** 551114
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $902K
- **Initial approval:** $902K
- **Forgiven:** $913K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $791K
- **Rent:** $46K
- **Utilities:** $5K
- **Debt interest:** $60K
- **Jobs reported:** 42
## 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*