# PPP loan: JENSEN UNDERGROUND UTILITIES, INC.
> **$1.20M** approved 04/15/2020 · Paid in Full · Loan `9754067107`
## Borrower
- **Name:** JENSEN UNDERGROUND UTILITIES, INC.
- **Address:** 5585 TAYLOR RD, NAPLES, FL, 34109
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.20M
- **Initial approval:** $1.20M
- **Forgiven:** $1.21M (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $962K
- **Rent:** $192K
- **Utilities:** $48K
- **Jobs reported:** 142
## Lender
- **Originating:** First Foundation Bank
- **Servicing:** First Foundation Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*