# PPP loan: FOODS GALORE INC
> **$1.23M** approved 04/13/2020 · Paid in Full · Loan `4555707103`
## Borrower
- **Name:** FOODS GALORE INC
- **Address:** 9246 Commerce Highway, PENNSAUKEN, NJ, 08110-1202
- **NAICS:** 424490
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.23M
- **Initial approval:** $1.23M
- **Forgiven:** $1.25M (101%)
- **Forgiveness date:** 03/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.04M
- **Rent:** $48K
- **Utilities:** $30K
- **Health care:** $120K
- **Jobs reported:** 88
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*