# PPP loan: LONE OAK FARMS
> **$1.49M** approved 04/28/2020 · Paid in Full · Loan `8738467202`
## Borrower
- **Name:** LONE OAK FARMS
- **Address:** 2911 Hanford Armona Rd, HANFORD, CA, 93230
- **NAICS:** 112120
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.49M
- **Initial approval:** $1.49M
- **Forgiven:** $1.51M (102%)
- **Forgiveness date:** 01/04/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.11M
- **Utilities:** $371K
- **Jobs reported:** 100
## Lender
- **Originating:** American AgCredit ACA
- **Servicing:** American AgCredit ACA (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*