# PPP loan: FERMA CORPORATION
> **$4.56M** approved 04/29/2020 · Paid in Full · Loan `2823887305`
## Borrower
- **Name:** FERMA CORPORATION
- **Address:** 6639 SMITH AVE, NEWARK, CA, 94560-4219
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.56M
- **Initial approval:** $4.56M
- **Forgiven:** $4.65M (102%)
- **Forgiveness date:** 04/28/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.65M
- **Mortgage interest:** $912K
- **Jobs reported:** 139
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*