# PPP loan: KING FARM INC.
> **$170K** approved 04/27/2020 · Paid in Full · Loan `5619657204`
## Borrower
- **Name:** KING FARM INC.
- **Address:** 15 Scales Lane, TOWNSEND, MA, 01469-1011
- **NAICS:** 111422
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $170K
- **Initial approval:** $170K
- **Forgiven:** $172K (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $128K
- **Utilities:** $34K
- **Health care:** $8K
- **Jobs reported:** 24
## Lender
- **Originating:** First Pioneer Farm Credit,  ACA
- **Servicing:** First Pioneer Farm Credit,  ACA (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*