Satsuma Farms, LLC

$1,750,000 PPP Loan in Moss Landing, California

Loan Details

Loan Number
1023087701
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$1,750,000
Current Approval
$1,750,000
Forgiveness Amount
$1,764,244
Forgiveness Date
Feb 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Satsuma Farms, LLC
Address
1277 Salinas Rd
ZIP Code
95039
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Agriculture, Forestry, Fishing and Hunting (112990)
Business Age
Existing or more than 2 years old
Jobs Reported
400
Estimated Revenue
$65.5M
Rural/Urban
Urban
Congressional District
CA-19

Loan Use Breakdown

Payroll
$1,400,000
Rent
$175,000
Health Care
$100,000
Debt Interest
$75,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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