# PPP loan: FLORIDA FARMS INC.
> **$263K** approved 04/11/2020 · Paid in Full · Loan `3070847107`
## Borrower
- **Name:** FLORIDA FARMS INC.
- **Address:** 29010 NW County Road 241, Alachua, FL, 32615-3286
- **NAICS:** 111421
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $263K
- **Initial approval:** $295K
- **Forgiven:** $265K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $263K
- **Jobs reported:** 36
## Lender
- **Originating:** Capital City Bank
- **Servicing:** Capital City Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*