# PPP loan: AGRICULTURAL COMMODITIES INC
> **$1.58M** approved 04/16/2020 · Paid in Full · Loan `3009337206`
## Borrower
- **Name:** AGRICULTURAL COMMODITIES INC
- **Address:** 2224 Oxford Road, New Oxford, PA, 17350
- **NAICS:** 311119
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.58M
- **Initial approval:** $1.58M
- **Forgiven:** $1.59M (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.37M
- **Utilities:** $90K
- **Health care:** $120K
- **Jobs reported:** 98
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*