# PPP loan: MEHADRIN DAIRY CORP.
> **$1.00M** approved 04/15/2020 · Exemption 4 · Loan `2280337209`
## Borrower
- **Name:** MEHADRIN DAIRY CORP.
- **Address:** 100 Trumbull Street, ELIZABETHPORT, NJ, 07206
- **NAICS:** 424430
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.00M
- **Initial approval:** $1.00M
- **Forgiven:** $943K (94%)
- **Forgiveness date:** 03/15/2023
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $1.00M
- **Jobs reported:** 73
## Lender
- **Originating:** Signature Bank
- **Servicing:** Flagstar Bank National Association (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*