# PPP loan: NELSON FORD INC.
> **$707K** approved 04/10/2020 · Paid in Full · Loan `1532277109`
## Borrower
- **Name:** NELSON FORD INC.
- **Address:** 201 Commonwealth Blvd, MARTINSVILLE, VA, 24112-1820
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $707K
- **Initial approval:** $707K
- **Forgiven:** $714K (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $707K
- **Jobs reported:** 96
## 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*