# PPP loan: FARMERS RESTAURANT & BAKERY INC.
> **$636K** approved 01/22/2021 · Paid in Full · Loan `3721548308`
## Borrower
- **Name:** FARMERS RESTAURANT & BAKERY INC.
- **Address:** 15 Central Blvd, Highland, IL, 62249-1175
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $636K
- **Initial approval:** $636K
- **Forgiven:** $641K (101%)
- **Forgiveness date:** 11/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $636K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** 1NB Bank
- **Servicing:** 1NB Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*