# PPP loan: R & J BROADCASTING, INC.
> **$288K** approved 04/08/2020 · Paid in Full · Loan `8838947005`
## Borrower
- **Name:** R & J BROADCASTING, INC.
- **Address:** 312 West Main Street, ADA, MN, 56510-1252
- **NAICS:** 515112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $288K
- **Initial approval:** $288K
- **Forgiven:** $290K (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $216K
- **Mortgage interest:** $43K
- **Utilities:** $29K
- **Jobs reported:** 34
## Lender
- **Originating:** Frandsen Bank & Trust
- **Servicing:** Frandsen Bank & Trust (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*