# PPP loan: ZIMBA DAIRY INC
> **$385K** approved 04/27/2020 · Paid in Full · Loan `3708897209`
## Borrower
- **Name:** ZIMBA DAIRY INC
- **Address:** 7995 MUSHROOM RD, DEFORD, MI, 48729-9732
- **NAICS:** 112120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $385K
- **Initial approval:** $385K
- **Forgiven:** $387K (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $320K
- **Mortgage interest:** $45K
- **Utilities:** $20K
- **Jobs reported:** 65
## Lender
- **Originating:** Thumb Bank & Trust
- **Servicing:** Thumb Bank & Trust (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*