# PPP loan: FARRELL GIN COMPANY INC.
> **$372K** approved 03/12/2021 · Paid in Full · Loan `9782038505`
## Borrower
- **Name:** FARRELL GIN COMPANY INC.
- **Address:** 11107 Highway 1, Clarksdale, MS, 38614
- **NAICS:** 115111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $372K
- **Initial approval:** $372K
- **Forgiven:** $236K (63%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $372K
- **Utilities:** $1
- **Jobs reported:** 59
## Lender
- **Originating:** Planters Bank & Trust Company
- **Servicing:** Planters Bank & Trust Company (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*