# PPP loan: MARGERUM WINE COMPANY
> **$308K** approved 04/15/2020 · Paid in Full · Loan `1208897203`
## Borrower
- **Name:** MARGERUM WINE COMPANY
- **Address:** 59 INDUSTRIAL WAY, BUELLTON, CA, 93427-9565
- **NAICS:** 312130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $308K
- **Initial approval:** $308K
- **Forgiven:** $310K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $308K
- **Jobs reported:** 40
## Lender
- **Originating:** American Riviera Bank
- **Servicing:** American Riviera Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*