# PPP loan: HERRICK FARMS, INC.
> **$277K** approved 04/04/2020 · Paid in Full · Loan `4600427004`
## Borrower
- **Name:** HERRICK FARMS, INC.
- **Address:** 4200 West Norfolk, NORFOLK, NE, 68701-9202
- **NAICS:** 721110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $277K
- **Initial approval:** $277K
- **Forgiven:** $281K (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $260K
- **Utilities:** $17K
- **Jobs reported:** 70
## Lender
- **Originating:** Elkhorn Valley Bank & Trust
- **Servicing:** Elkhorn Valley Bank & Trust (NE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*