# PPP loan: FOODCO DISTRIBUTORS INC
> **$280K** approved 04/27/2020 · Paid in Full · Loan `6165987208`
## Borrower
- **Name:** FOODCO DISTRIBUTORS INC
- **Address:** 5809 2ND AVE, BROOKLYN, NY, 11220
- **NAICS:** 423990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $283K (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $280K
- **Jobs reported:** 22
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*