# PPP loan: DEGROOT DAIRY
> **$213K** approved 04/09/2020 · Paid in Full · Loan `1042057110`
## Borrower
- **Name:** DEGROOT DAIRY
- **Address:** 3715 LOVERS LANE, ROSWELL, NM, 88203-9025
- **NAICS:** 112120
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $213K
- **Initial approval:** $213K
- **Forgiven:** $214K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $213K
- **Jobs reported:** 27
## Lender
- **Originating:** Valley Bank of Commerce
- **Servicing:** Valley Bank of Commerce (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*