# PPP loan: FERRELL AUTOMOTIVE GROUP
> **$243K** approved 04/27/2020 · Paid in Full · Loan `3540517206`
## Borrower
- **Name:** FERRELL AUTOMOTIVE GROUP
- **Address:** PO Box 4255, CHAPMANVILLE, WV, 25508
- **NAICS:** 441120
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $243K
- **Initial approval:** $243K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $243K
- **Jobs reported:** 25
## Lender
- **Originating:** Logan Bank & Trust Company
- **Servicing:** Logan Bank & Trust Company (WV)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*