# PPP loan: TRI STAR FORD SOMERSET INC
> **$282K** approved 02/20/2021 · Paid in Full · Loan `2200838508`
## Borrower
- **Name:** TRI STAR FORD SOMERSET INC
- **Address:** 1260 N Center Ave, Somerset, PA, 15501-1628
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $282K
- **Initial approval:** $282K
- **Forgiven:** $284K (101%)
- **Forgiveness date:** 11/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $282K
- **Utilities:** $1
- **Jobs reported:** 270
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*