# PPP loan: SAREM FARMS INC
> **$171K** approved 05/01/2020 · Paid in Full · Loan `7642377701`
## Borrower
- **Name:** SAREM FARMS INC
- **Address:** PO BOX 187, GATES, NC, 27937-0187
- **NAICS:** 112210
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $173K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $171K
- **Jobs reported:** 15
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*