# PPP loan: CERES ENVIRONMENTAL INC.
> **$1.53M** approved 04/14/2020 · Paid in Full · Loan `6717757110`
## Borrower
- **Name:** CERES ENVIRONMENTAL INC.
- **Address:** 6968 PROFESSIONAL PKWY, LAKEWOOD RANCH, FL, 34240-8414
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.53M
- **Initial approval:** $1.82M
- **Forgiven:** $1.56M (101%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.53M
- **Jobs reported:** 118
## Lender
- **Originating:** 1st Source Bank
- **Servicing:** 1st Source Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*