# PPP loan: NORTH STATE GROCERY, INC.
> **$6.47M** approved 04/27/2020 · Paid in Full · Loan `5241867205`
## Borrower
- **Name:** NORTH STATE GROCERY, INC.
- **Address:** 20803 Front Street, COTTONWOOD, CA, 96022-8672
- **NAICS:** 445110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.47M
- **Initial approval:** $6.47M
- **Forgiven:** $6.57M (102%)
- **Forgiveness date:** 11/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.47M
- **Rent:** $800K
- **Utilities:** $200K
- **Jobs reported:** 500
## Lender
- **Originating:** Five Star Bank
- **Servicing:** Five Star Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*