# PPP loan: LORRONCO FOODS, INC
> **$251K** approved 04/11/2020 · Paid in Full · Loan `2861567108`
## Borrower
- **Name:** LORRONCO FOODS, INC
- **Address:** 110 W ALEXANDER AVE, MERCED, CA, 95348-3410
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $251K
- **Initial approval:** $251K
- **Forgiven:** $254K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $251K
- **Jobs reported:** 47
## Lender
- **Originating:** Community West Bank
- **Servicing:** Community West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*