# PPP loan: FAROOQI FOOD GROUP, INC.
> **$155K** approved 05/15/2020 · Paid in Full · Loan `6933557408`
## Borrower
- **Name:** FAROOQI FOOD GROUP, INC.
- **Address:** 39 Needle Grass, Irvine, CA, 92603-0428
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $157K (102%)
- **Forgiveness date:** 01/04/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $155K
- **Jobs reported:** 74
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*