# PPP loan: PERMIAN FORD LINCOLN INC
> **$846K** approved 02/02/2021 · Paid in Full · Loan `1860728402`
## Borrower
- **Name:** PERMIAN FORD LINCOLN INC
- **Address:** 1000 N Dal Paso St, Hobbs, NM, 88240-5320
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $846K
- **Initial approval:** $840K
- **Forgiven:** $849K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $846K
- **Jobs reported:** 73
## Lender
- **Originating:** First American Bank
- **Servicing:** First American Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*