# PPP loan: MADRAS FARMS CO.
> **$240K** approved 04/30/2020 · Paid in Full · Loan `5157977309`
## Borrower
- **Name:** MADRAS FARMS CO.
- **Address:** 1376 NW Conroy Street, Madras, OR, 97741
- **NAICS:** 111998
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $240K
- **Initial approval:** $240K
- **Forgiven:** $244K (102%)
- **Forgiveness date:** 02/01/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $240K
- **Jobs reported:** 18
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*