# PPP loan: RISING TIDE NATURAL FOODS, INC.
> **$302K** approved 04/06/2020 · Paid in Full · Loan `5692017000`
## Borrower
- **Name:** RISING TIDE NATURAL FOODS, INC.
- **Address:** 42 FOREST AVE, GLEN COVE, NY, 11542-2111
- **NAICS:** 445110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $302K
- **Initial approval:** $302K
- **Forgiven:** $304K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $260K
- **Rent:** $17K
- **Utilities:** $15K
- **Health care:** $10K
- **Jobs reported:** 57
## Lender
- **Originating:** Stearns Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*