# PPP loan: MERLO GENERAL FARMING
> **$358K** approved 04/13/2020 · Paid in Full · Loan `5549157102`
## Borrower
- **Name:** MERLO GENERAL FARMING
- **Address:** 8014 State Hwy. 99, OROVILLE, CA, 95965
- **NAICS:** 115116
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $358K
- **Initial approval:** $358K
- **Forgiven:** $362K (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $268K
- **Rent:** $72K
- **Utilities:** $18K
- **Jobs reported:** 41
## Lender
- **Originating:** Banner Bank
- **Servicing:** Banner Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*