# PPP loan: TOMATERO ORGANIC FARMS INC
> **$1.08M** approved 04/05/2020 · Paid in Full · Loan `5465377003`
## Borrower
- **Name:** TOMATERO ORGANIC FARMS INC
- **Address:** 120 Thompson Rd, WATSONVILLE, CA, 95076-9757
- **NAICS:** 111219
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.08M
- **Initial approval:** $1.14M
- **Forgiven:** $1.09M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $812K
- **Rent:** $135K
- **Utilities:** $135K
- **Jobs reported:** 99
## Lender
- **Originating:** Santa Cruz County Bank
- **Servicing:** Santa Cruz County Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*