# PPP loan: INDUS FOODS, INC
> **$182K** approved 04/15/2020 · Paid in Full · Loan `8011237104`
## Borrower
- **Name:** INDUS FOODS, INC
- **Address:** 950 Panorama Trail South, ROCHESTER, NY, 14625-2312
- **NAICS:** 722514
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $182K
- **Initial approval:** $182K
- **Forgiven:** $118K (65%)
- **Forgiveness date:** 08/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $144K
- **Rent:** $27K
- **Utilities:** $9K
- **Health care:** $2K
- **Jobs reported:** 58
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*