# PPP loan: KINSEL FORD-MERCURY INC.
> **$199K** approved 01/21/2021 · Paid in Full · Loan `3088128304`
## Borrower
- **Name:** KINSEL FORD-MERCURY INC.
- **Address:** 121 S Main St, Pleasanton, TX, 78064-4129
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $200K (100%)
- **Forgiveness date:** 06/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $199K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** First State Bank of Texas
- **Servicing:** First State Bank of Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*