# PPP loan: MICHAEL FARMS INC
> **$257K** approved 04/07/2020 · Paid in Full · Loan `6913837009`
## Borrower
- **Name:** MICHAEL FARMS INC
- **Address:** 5089 Urbana Moorefield Road, URBANA, OH, 43078-9234
- **NAICS:** 111211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $257K
- **Initial approval:** $257K
- **Forgiven:** $259K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $230K
- **Utilities:** $17K
- **Health care:** $10K
- **Jobs reported:** 20
## Lender
- **Originating:** The Park National Bank
- **Servicing:** The Park National Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*