# PPP loan: SUPERIOR MULCH, INC
> **$565K** approved 04/05/2020 · Paid in Full · Loan `5108437010`
## Borrower
- **Name:** SUPERIOR MULCH, INC
- **Address:** 7457 Park Lane RD, LAKE WORTH, FL, 33449-6702
- **NAICS:** 561730
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $565K
- **Initial approval:** $565K
- **Forgiven:** $568K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $424K
- **Utilities:** $141K
- **Jobs reported:** 40
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*