# PPP loan: LOVELACE FARMS INC.
> **$292K** approved 04/09/2020 · Paid in Full · Loan `9052467006`
## Borrower
- **Name:** LOVELACE FARMS INC.
- **Address:** 88 Forrest Keeling Lane, Elsberry, MO, 63343-3716
- **NAICS:** 111421
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $292K
- **Initial approval:** $292K
- **Forgiven:** $294K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $292K
- **Jobs reported:** 43
## Lender
- **Originating:** Peoples Bank & Trust Co.
- **Servicing:** Peoples Bank & Trust Co. (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*