# PPP loan: MICHAEL FARMER INC
> **$254K** approved 04/13/2020 · Paid in Full · Loan `4245767104`
## Borrower
- **Name:** MICHAEL FARMER INC
- **Address:** 1589 Fulenwider Rd, GAINESVILLE, GA, 30507
- **NAICS:** 541990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $254K
- **Initial approval:** $254K
- **Forgiven:** $256K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $254K
- **Jobs reported:** 14
## Lender
- **Originating:** United Community Bank
- **Servicing:** United Community Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*