# PPP loan: FARMERS PRODUCE CORPORATION
> **$159K** approved 06/30/2020 · Paid in Full · Loan `6987578002`
## Borrower
- **Name:** FARMERS PRODUCE CORPORATION
- **Address:** 380 Third St., OAKLAND, CA, 94607-3896
- **NAICS:** 424410
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $159K
- **Initial approval:** $159K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $119K
- **Rent:** $40K
- **Jobs reported:** 10
## Lender
- **Originating:** United Business Bank
- **Servicing:** United Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*