# PPP loan: A & B PRODUCE INC
> **$525K** approved 04/13/2020 · Paid in Full · Loan `5582457100`
## Borrower
- **Name:** A & B PRODUCE INC
- **Address:** 299 Lawrence Avenue, SOUTH SAN FRANCISCO, CA, 94080-6818
- **NAICS:** 424480
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $525K
- **Initial approval:** $525K
- **Forgiven:** $528K (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $469K
- **Rent:** $56K
- **Jobs reported:** 41
## Lender
- **Originating:** Bank of San Francisco
- **Servicing:** Bank of San Francisco (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*