# PPP loan: LORRONCO FOODS INC
> **$350K** approved 02/08/2021 · Paid in Full · Loan `5244878406`
## Borrower
- **Name:** LORRONCO FOODS INC
- **Address:** 2991 G St, Merced, CA, 95340-2130
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $350K
- **Initial approval:** $350K
- **Forgiven:** $354K (101%)
- **Forgiveness date:** 01/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $350K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** Community West Bank
- **Servicing:** Community West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*