# PPP loan: FARRELL DISTRIBUTING CORPORATION
> **$4.00M** approved 04/14/2020 · Paid in Full · Loan `7711747100`
## Borrower
- **Name:** FARRELL DISTRIBUTING CORPORATION
- **Address:** 5 Holmes Road, SOUTH BURLINGTON, VT, 05403
- **NAICS:** 424490
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.00M
- **Initial approval:** $4.00M
- **Forgiven:** $4.05M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.00M
- **Jobs reported:** 326
## Lender
- **Originating:** Community National Bank
- **Servicing:** Community National Bank (VT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*