# PPP loan: PARIS FORD LINCOLN INC.
> **$435K** approved 04/09/2020 · Paid in Full · Loan `1002987102`
## Borrower
- **Name:** PARIS FORD LINCOLN INC.
- **Address:** 2020 LOOP 286, PARIS, TX, 75460-2802
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $435K
- **Initial approval:** $435K
- **Forgiven:** $438K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $326K
- **Mortgage interest:** $54K
- **Utilities:** $54K
- **Jobs reported:** 38
## Lender
- **Originating:** First Federal Community Bank, SSB
- **Servicing:** First Federal Community Bank, SSB (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*