# PPP loan: ROCKET FARMS, INC.
> **$1.60M** approved 04/27/2020 · Paid in Full · Loan `4738287209`
## Borrower
- **Name:** ROCKET FARMS, INC.
- **Address:** 2651 North Cabrillo Highway, San Mateo, CA, 94109
- **NAICS:** 424930
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.60M
- **Initial approval:** $1.82M
- **Forgiven:** $1.62M (101%)
- **Forgiveness date:** 06/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.60M
- **Jobs reported:** 123
## Lender
- **Originating:** Mechanics Bank
- **Servicing:** Mechanics Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*