# PPP loan: CACTUS LANE FARMING
> **$1.64M** approved 04/13/2020 · Paid in Full · Loan `5579807108`
## Borrower
- **Name:** CACTUS LANE FARMING
- **Address:** 16156 W. Olive Avenue, WADDELL, AZ, 85355-9637
- **NAICS:** 111219
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.64M
- **Initial approval:** $1.64M
- **Forgiven:** $1.65M (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.64M
- **Jobs reported:** 226
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*