# PPP loan: GROPPETTI LTD INC
> **$1.27M** approved 04/28/2020 · Paid in Full · Loan `9712927205`
## Borrower
- **Name:** GROPPETTI LTD INC
- **Address:** 922 S BEN MADDOX WAY, VISALIA, CA, 93292-3645
- **NAICS:** 441120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.27M
- **Initial approval:** $1.27M
- **Forgiven:** $1.14M (90%)
- **Forgiveness date:** 09/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.27M
- **Jobs reported:** 90
## Lender
- **Originating:** Citizens Business Bank
- **Servicing:** Citizens Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*