# PPP loan: PEARL CROP, INC
> **$764K** approved 04/06/2020 · Paid in Full · Loan `6056697009`
## Borrower
- **Name:** PEARL CROP, INC
- **Address:** 1550 Industrial drive, STOCKTON, CA, 95206-3929
- **NAICS:** 115114
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $764K
- **Initial approval:** $764K
- **Forgiven:** $769K (101%)
- **Forgiveness date:** 12/04/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $657K
- **Rent:** $27K
- **Utilities:** $80K
- **Jobs reported:** 59
## Lender
- **Originating:** Bank of Stockton
- **Servicing:** Bank of Stockton (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*