# PPP loan: PENNOCK GROWERS, INC.
> **$160K** approved 04/27/2020 · Paid in Full · Loan `5388717200`
## Borrower
- **Name:** PENNOCK GROWERS, INC.
- **Address:** 10253 PO BOX, Humacao, PR, 00792-1253
- **NAICS:** 561730
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 09/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $123K
- **Rent:** $14K
- **Mortgage interest:** $15K
- **Utilities:** $8K
- **Jobs reported:** 27
## Lender
- **Originating:** Puerto Rico Farm Credit
- **Servicing:** Puerto Rico Farm Credit (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*