# PPP loan: WHITED FORD TRUCK CENTER INC.
> **$1.37M** approved 04/10/2020 · Paid in Full · Loan `1493647109`
## Borrower
- **Name:** WHITED FORD TRUCK CENTER INC.
- **Address:** 207 PERRY RD, BANGOR, ME, 04401-6721
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.37M
- **Initial approval:** $1.37M
- **Forgiven:** $1.37M (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.02M
- **Mortgage interest:** $171K
- **Utilities:** $171K
- **Jobs reported:** 108
## Lender
- **Originating:** Katahdin Trust Co.
- **Servicing:** Katahdin Trust Co. (ME)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*