# PPP loan: MTR FARMS
> **$216K** approved 04/09/2020 · Paid in Full · Loan `1116307106`
## Borrower
- **Name:** MTR FARMS
- **Address:** 10735 Chicago Road, WATERMAN, IL, 60556-7021
- **NAICS:** 111191
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $216K
- **Initial approval:** $216K
- **Forgiven:** $219K (101%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $173K
- **Rent:** $11K
- **Mortgage interest:** $11K
- **Utilities:** $11K
- **Debt interest:** $11K
- **Jobs reported:** 14
## Lender
- **Originating:** Compeer Financial, ACA
- **Servicing:** Compeer Financial, ACA (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*