# PPP loan: SOUTHERN STATES MILFORD COOPERATIVE
> **$460K** approved 04/16/2020 · Paid in Full · Loan `3038397201`
## Borrower
- **Name:** SOUTHERN STATES MILFORD COOPERATIVE
- **Address:** 7308 Williamsville Road, Milford, DE, 19963
- **NAICS:** 424910
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $460K
- **Initial approval:** $460K
- **Forgiven:** $463K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $368K
- **Utilities:** $3K
- **Health care:** $89K
- **Jobs reported:** 38
## 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*