# PPP loan: JORGENSEN FORD SALES INC.
> **$713K** approved 02/05/2021 · Paid in Full · Loan `4010248408`
## Borrower
- **Name:** JORGENSEN FORD SALES INC.
- **Address:** 8333 Michigan Ave, Detroit, MI, 48210-2172
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $713K
- **Initial approval:** $713K
- **Forgiven:** $717K (101%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $713K
- **Utilities:** $1
- **Jobs reported:** 58
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*