# PPP loan: ECOFARM INC.
> **$173K** approved 02/10/2021 · Paid in Full · Loan `6188948402`
## Borrower
- **Name:** ECOFARM INC.
- **Address:** 9117 Frostown Rd, Middletown, MD, 21769-9620
- **NAICS:** 611110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Forgiven:** $174K (100%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $173K
- **Jobs reported:** 22
## Lender
- **Originating:** Woodsboro Bank
- **Servicing:** Woodsboro Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*