# PPP loan: RYAN MOTOR COMPANY INC
> **$494K** approved 04/10/2020 · Paid in Full · Loan `1758517101`
## Borrower
- **Name:** RYAN MOTOR COMPANY INC
- **Address:** 1000 E HWY 55 PO BOX 513, BUFFALO, MN, 55313-0513
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $494K
- **Initial approval:** $494K
- **Forgiven:** $500K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $494K
- **Jobs reported:** 52
## Lender
- **Originating:** Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*