# PPP loan: PEARL VALLEY FARMS INC
> **$2.89M** approved 04/08/2020 · Paid in Full · Loan `8318967007`
## Borrower
- **Name:** PEARL VALLEY FARMS INC
- **Address:** 968 South Kent Road, PEARL CITY, IL, 61062-9170
- **NAICS:** 112390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.89M
- **Initial approval:** $2.89M
- **Forgiven:** $2.39M (83%)
- **Forgiveness date:** 12/22/2021
- **Status:** Paid in Full
- **Term:** 4 months
## Use of funds
- **Payroll:** $2.31M
- **Rent:** $289K
- **Utilities:** $289K
- **Jobs reported:** 213
## Lender
- **Originating:** Compeer Financial, ACA
- **Servicing:** Compeer Financial, ACA (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*