# PPP loan: SYLVAN NURSERY INC.
> **$694K** approved 04/28/2020 · Paid in Full · Loan `8042437206`
## Borrower
- **Name:** SYLVAN NURSERY INC.
- **Address:** 1028 Horseneck Rd, WESTPORT, MA, 02790-9998
- **NAICS:** 111421
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $694K
- **Initial approval:** $694K
- **Forgiven:** $703K (101%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $623K
- **Health care:** $71K
- **Jobs reported:** 79
## Lender
- **Originating:** First Pioneer Farm Credit,  ACA
- **Servicing:** First Pioneer Farm Credit,  ACA (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*