# PPP loan: SOCOME PRODUCE INC
> **$380K** approved 03/17/2021 · Paid in Full · Loan `3465308600`
## Borrower
- **Name:** SOCOME PRODUCE INC
- **Address:** 3201 Skyway Ct, Fremont, CA, 94539-5951
- **NAICS:** 424480
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $380K
- **Initial approval:** $380K
- **Forgiven:** $385K (101%)
- **Forgiveness date:** 06/23/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $380K
- **Utilities:** $1
- **Jobs reported:** 133
## Lender
- **Originating:** Cathay Bank
- **Servicing:** Cathay Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*