# PPP loan: MYERS FORD COMPANY INCORPORATED
> **$372K** approved 04/10/2020 · Paid in Full · Loan `1393377103`
## Borrower
- **Name:** MYERS FORD COMPANY INCORPORATED
- **Address:** 13959 SPOTSWOOD TRL, ELKTON, VA, 22827-3273
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $372K
- **Initial approval:** $470K
- **Forgiven:** $376K (101%)
- **Forgiveness date:** 04/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $372K
- **Jobs reported:** 45
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*