# PPP loan: DAIRY CONVEYOR CORP
> **$2.50M** approved 04/15/2020 · Paid in Full · Loan `9377407106`
## Borrower
- **Name:** DAIRY CONVEYOR CORP
- **Address:** 38 Mt Ebo Rd S, Brewster, NY, 10509
- **NAICS:** 333922
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.50M
- **Initial approval:** $2.50M
- **Forgiven:** $2.52M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.89M
- **Rent:** $127K
- **Utilities:** $13K
- **Health care:** $433K
- **Debt interest:** $30K
- **Jobs reported:** 125
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*