# PPP loan: DENNARD'S FARM SUPPLY, INC.
> **$338K** approved 04/05/2020 · Paid in Full · Loan `5592837002`
## Borrower
- **Name:** DENNARD'S FARM SUPPLY, INC.
- **Address:** 541 HIGHWAY 377, WHITESBORO, TX, 76273-7451
- **NAICS:** 453998
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $338K
- **Initial approval:** $338K
- **Forgiven:** $340K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $282K
- **Rent:** $34K
- **Utilities:** $22K
- **Jobs reported:** 47
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*