# PPP loan: CATIE FOOD SYSTEMS, INC.
> **$1.26M** approved 04/04/2020 · Paid in Full · Loan `4754117008`
## Borrower
- **Name:** CATIE FOOD SYSTEMS, INC.
- **Address:** 885 FRANKLIN TPKE, DANVILLE, VA, 24540-1720
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.26M
- **Initial approval:** $1.26M
- **Forgiven:** $1.27M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.13M
- **Mortgage interest:** $25K
- **Utilities:** $80K
- **Health care:** $18K
- **Jobs reported:** 250
## 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*