# PPP loan: GAFFNEY FOODS, INC.
> **$266K** approved 07/23/2020 · Exemption 4 · Loan `7584778101`
## Borrower
- **Name:** GAFFNEY FOODS, INC.
- **Address:** 4561 MISSION GORGE PL STE D, SAN DIEGO, CA, 92120
- **NAICS:** 311412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $266K
- **Initial approval:** $266K
- **Forgiven:** $221K (83%)
- **Forgiveness date:** 05/24/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $174K
- **Rent:** $74K
- **Utilities:** $18K
- **Jobs reported:** 30
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*