# PPP loan: SEVIROLI FOODS, INC.
> **$3.16M** approved 04/13/2020 · Paid in Full · Loan `4820067103`
## Borrower
- **Name:** SEVIROLI FOODS, INC.
- **Address:** 385 Oak Street, GARDEN CITY, NY, 11530-6543
- **NAICS:** 311412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.16M
- **Initial approval:** $3.16M
- **Forgiven:** $3.20M (101%)
- **Forgiveness date:** 07/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.53M
- **Rent:** $632K
- **Jobs reported:** 313
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Dime Community Bank (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*