# PPP loan: STATE COLLEGE FORD LINCOLN, INC.
> **$498K** approved 04/10/2020 · Paid in Full · Loan `1285807104`
## Borrower
- **Name:** STATE COLLEGE FORD LINCOLN, INC.
- **Address:** 3140 West College Ave, STATE COLLEGE, PA, 16804-0888
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $498K
- **Initial approval:** $498K
- **Forgiven:** $501K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $498K
- **Jobs reported:** 40
## Lender
- **Originating:** S & T Bank
- **Servicing:** S & T Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*