# PPP loan: COPPER COUNTRY FORD LINCOLN MERCURY INC
> **$242K** approved 04/09/2020 · Paid in Full · Loan `1011897101`
## Borrower
- **Name:** COPPER COUNTRY FORD LINCOLN MERCURY INC
- **Address:** 47420 STATE HIGHWAY M26, HOUGHTON, MI, 49931-2818
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $242K
- **Initial approval:** $242K
- **Forgiven:** $244K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $222K
- **Rent:** $15K
- **Utilities:** $5K
- **Jobs reported:** 23
## Lender
- **Originating:** Superior National Bank
- **Servicing:** Superior National Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*