# PPP loan: DE FOODS INC
> **$787K** approved 04/05/2020 · Paid in Full · Loan `5301817008`
## Borrower
- **Name:** DE FOODS INC
- **Address:** 170 OLDE FORGE RD, HANOVER, MA, 02339-2438
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $787K
- **Initial approval:** $787K
- **Forgiven:** $796K (101%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $590K
- **Health care:** $197K
- **Jobs reported:** 147
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*