# PPP loan: TONY MACHI FRUITS AND VEGETABLES, INC.
> **$422K** approved 05/01/2020 · Paid in Full · Loan `2228627706`
## Borrower
- **Name:** TONY MACHI FRUITS AND VEGETABLES, INC.
- **Address:** 3250 S RUSSEL RD, NEW BERLIN, WI, 53151
- **NAICS:** 424480
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $422K
- **Initial approval:** $422K
- **Forgiven:** $397K (94%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $305K
- **Rent:** $70K
- **Utilities:** $14K
- **Health care:** $32K
- **Jobs reported:** 36
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*