# PPP loan: SANCHEZ FARMS, LLC
> **$323K** approved 04/05/2020 · Paid in Full · Loan `5512117010`
## Borrower
- **Name:** SANCHEZ FARMS, LLC
- **Address:** 479 NE 446TH ST, OLD TOWN, FL, 32680-7759
- **NAICS:** 111150
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $323K
- **Initial approval:** $323K
- **Forgiven:** $325K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $245K
- **Utilities:** $78K
- **Jobs reported:** 31
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*