# PPP loan: TORREY FARMS INC.
> **$1.20M** approved 04/16/2020 · Paid in Full · Loan `3095447210`
## Borrower
- **Name:** TORREY FARMS INC.
- **Address:** Maltby Road PO Box 187, ELBA, NY, 14058
- **NAICS:** 111998
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.20M
- **Initial approval:** $1.20M
- **Forgiven:** $1.21M (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.20M
- **Jobs reported:** 120
## Lender
- **Originating:** Five Star Bank
- **Servicing:** Five Star Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*