# PPP loan: FORMING AGROTORS INC
> **$224K** approved 01/20/2021 · Paid in Full · Loan `2180438301`
## Borrower
- **Name:** FORMING AGROTORS INC
- **Address:** 34 STRINGER INDUSTRIAL PARK ROAD, LOUISVILLE, MS, 39339
- **NAICS:** 115310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $224K
- **Initial approval:** $224K
- **Forgiven:** $226K (101%)
- **Forgiveness date:** 03/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $224K
- **Jobs reported:** 19
## Lender
- **Originating:** Cadence Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*