# PPP loan: SAVORY FOODS INC
> **$500K** approved 02/03/2021 · Paid in Full · Loan `2163068404`
## Borrower
- **Name:** SAVORY FOODS INC
- **Address:** 1880 Turner Ave NW Suite c, Grand Rapids, MI, 49504
- **NAICS:** 311812
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $506K (101%)
- **Forgiveness date:** 04/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $500K
- **Utilities:** $1
- **Jobs reported:** 62
## Lender
- **Originating:** Pathward National Association
- **Servicing:** Pathward National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*