# PPP loan: SWEDE FARMS INC
> **$394K** approved 04/10/2020 · Paid in Full · Loan `1160987108`
## Borrower
- **Name:** SWEDE FARMS INC
- **Address:** 480 ALFRED AVENUE, TEANECK, NJ, 07666-5756
- **NAICS:** 424430
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $394K
- **Initial approval:** $394K
- **Forgiven:** $397K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $394K
- **Jobs reported:** 39
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*