# PPP loan: FARMERS GIN & STORAGE CO INC
> **$267K** approved 04/05/2020 · Paid in Full · Loan `5389837007`
## Borrower
- **Name:** FARMERS GIN & STORAGE CO INC
- **Address:** 52 SOUTH MARTIN LUTHER KING BLVD, WADLEY, GA, 30477
- **NAICS:** 115111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $267K
- **Initial approval:** $267K
- **Forgiven:** $270K (101%)
- **Forgiveness date:** 07/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $213K
- **Mortgage interest:** $27K
- **Utilities:** $27K
- **Jobs reported:** 23
## Lender
- **Originating:** Queensborough National Bank and Trust Company
- **Servicing:** Queensborough National Bank and Trust Company (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*