# PPP loan: JIM XAMIS FORD LINCOLN INC.
> **$285K** approved 01/21/2021 · Paid in Full · Loan `3117868303`
## Borrower
- **Name:** JIM XAMIS FORD LINCOLN INC.
- **Address:** 2301 Woodlawn Rd, Lincoln, IL, 62656-9630
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Forgiven:** $288K (101%)
- **Forgiveness date:** 12/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $285K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** Heartland Bank and Trust Company
- **Servicing:** Heartland Bank and Trust Company (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*