# PPP loan: GINSBERGS INSTITUTIONAL FOODS INC
> **$2.00M** approved 02/27/2021 · Paid in Full · Loan `5217588505`
## Borrower
- **Name:** GINSBERGS INSTITUTIONAL FOODS INC
- **Address:** 29 Ginsburg Ln, Hudson, NY, 12534-3431
- **NAICS:** 424410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.01M (101%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Utilities:** $1
- **Jobs reported:** 257
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*