# PPP loan: SCHAFER RANCH INC
> **$469K** approved 04/30/2021 · Paid in Full · Loan `5774068908`
## Borrower
- **Name:** SCHAFER RANCH INC
- **Address:** 25176 Avenue 5 1/2, Madera, CA, 93637-9586
- **NAICS:** 111335
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $469K
- **Initial approval:** $469K
- **Forgiven:** $472K (101%)
- **Forgiveness date:** 02/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $469K
- **Utilities:** $1
- **Jobs reported:** 58
## Lender
- **Originating:** Fresno Madera Farm Credit, ACA
- **Servicing:** Fresno Madera Farm Credit, ACA (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*