# PPP loan: FRANK BORGES DAIRY
> **$319K** approved 04/05/2020 · Paid in Full · Loan `5394607002`
## Borrower
- **Name:** FRANK BORGES DAIRY
- **Address:** 1518 Thunderbird Dr, MODESTO, CA, 95356-9674
- **NAICS:** 112120
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $319K
- **Initial approval:** $319K
- **Forgiven:** $322K (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $249K
- **Mortgage interest:** $30K
- **Utilities:** $40K
- **Jobs reported:** 35
## Lender
- **Originating:** Bank of Stockton
- **Servicing:** Bank of Stockton (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*