# PPP loan: RICHARD OWEN NURSERY INC.
> **$757K** approved 04/08/2020 · Paid in Full · Loan `7988537001`
## Borrower
- **Name:** RICHARD OWEN NURSERY INC.
- **Address:** 1700 Morrissey Dr, BLOOMINGTON, IL, 61704-7107
- **NAICS:** 111421
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $757K
- **Initial approval:** $757K
- **Forgiven:** $766K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $706K
- **Rent:** $51K
- **Jobs reported:** 160
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*