# PPP loan: SUTTON FORD INC.
> **$1.55M** approved 04/10/2020 · Paid in Full · Loan `2112317106`
## Borrower
- **Name:** SUTTON FORD INC.
- **Address:** 21315 Central Ave 0.0, Matteson, IL, 60443-2893
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.55M
- **Initial approval:** $1.55M
- **Forgiven:** $1.57M (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.24M
- **Rent:** $186K
- **Utilities:** $10K
- **Health care:** $104K
- **Debt interest:** $11K
- **Jobs reported:** 100
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*