# PPP loan: APPLE FARM COLLECTIONS-SLO, INC.
> **$644K** approved 04/13/2020 · Exemption 4 · Loan `4471337102`
## Borrower
- **Name:** APPLE FARM COLLECTIONS-SLO, INC.
- **Address:** 285 BRIDGE ST, SAN LUIS OBISPO, CA, 93401-5510
- **NAICS:** 721110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $644K
- **Initial approval:** $710K
- **Forgiven:** $421K (65%)
- **Forgiveness date:** 03/23/2022
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $490K
- **Mortgage interest:** $59K
- **Utilities:** $56K
- **Health care:** $40K
- **Jobs reported:** 55
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*