# PPP loan: NOURSE FARMS, INC.
> **$1.09M** approved 04/28/2020 · Exemption 4 · Loan `6551977203`
## Borrower
- **Name:** NOURSE FARMS, INC.
- **Address:** 41 River Road, SOUTH DEERFIELD, MA, 01373
- **NAICS:** 111219
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.09M
- **Initial approval:** $1.09M
- **Forgiven:** $984K (91%)
- **Forgiveness date:** 01/11/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $815K
- **Rent:** $136K
- **Utilities:** $136K
- **Jobs reported:** 108
## Lender
- **Originating:** Greenfield Savings Bank
- **Servicing:** Greenfield Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*