# PPP loan: PETRO FARMS
> **$164K** approved 04/13/2020 · Paid in Full · Loan `5688437103`
## Borrower
- **Name:** PETRO FARMS
- **Address:** 3387 102ND AVE, GOBLES, MI, 49055-8812
- **NAICS:** 112120
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $123K
- **Rent:** $10K
- **Mortgage interest:** $10K
- **Utilities:** $10K
- **Debt interest:** $10K
- **Jobs reported:** 20
## Lender
- **Originating:** Greenstone Farm Credit Services, ACA
- **Servicing:** Greenstone Farm Credit Services, ACA (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*