# PPP loan: COTNER FARMS, INC.
> **$274K** approved 04/07/2020 · Paid in Full · Loan `7019377002`
## Borrower
- **Name:** COTNER FARMS, INC.
- **Address:** 970 Rushtown Road, DANVILLE, PA, 17821-9292
- **NAICS:** 112310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $274K
- **Forgiven:** $277K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $216K
- **Rent:** $40K
- **Utilities:** $14K
- **Debt interest:** $3K
- **Jobs reported:** 32
## Lender
- **Originating:** AgChoice ACA
- **Servicing:** AgChoice ACA (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*