# PPP loan: JOHNSON TOOL CO
> **$297K** approved 04/09/2020 · Paid in Full · Loan `9971007009`
## Borrower
- **Name:** JOHNSON TOOL CO
- **Address:** 901 E  2ND ST, BIG SPRING, TX, 79720-3201
- **NAICS:** 213112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $297K
- **Initial approval:** $297K
- **Forgiven:** $299K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $297K
- **Jobs reported:** 19
## Lender
- **Originating:** Lone Star State Bank of West Texas, A Division of Prosperity Bank
- **Servicing:** Prosperity Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*