# PPP loan: MEARS FERTILIZER, INC.
> **$536K** approved 04/08/2020 · Paid in Full · Loan `8059577002`
## Borrower
- **Name:** MEARS FERTILIZER, INC.
- **Address:** 629 N Industrial Rd, EL DORADO, KS, 67042-9144
- **NAICS:** 325311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $536K
- **Initial approval:** $536K
- **Forgiven:** $541K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $483K
- **Utilities:** $53K
- **Jobs reported:** 54
## 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*