# PPP loan: NECTAR FOODS INC.
> **$299K** approved 04/14/2020 · Paid in Full · Loan `7524047107`
## Borrower
- **Name:** NECTAR FOODS INC.
- **Address:** 2030 N Williams Avenue, Portland, OR, 97227
- **NAICS:** 311999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $299K
- **Initial approval:** $299K
- **Forgiven:** $302K (101%)
- **Forgiveness date:** 04/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $299K
- **Jobs reported:** 37
## Lender
- **Originating:** Beneficial State Bank
- **Servicing:** Beneficial State Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*