# PPP loan: FARMERS RESTAURANT & BAKERY, INC.
> **$455K** approved 04/04/2020 · Paid in Full · Loan `4845817001`
## Borrower
- **Name:** FARMERS RESTAURANT & BAKERY, INC.
- **Address:** 15 CENTRAL BLVD, HIGHLAND, IL, 62249-1175
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $455K
- **Initial approval:** $455K
- **Forgiven:** $461K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $425K
- **Rent:** $20K
- **Utilities:** $10K
- **Jobs reported:** 95
## Lender
- **Originating:** 1NB Bank
- **Servicing:** 1NB Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*