# PPP loan: FREEHOLD FORD, INC.
> **$860K** approved 04/27/2020 · Paid in Full · Loan `4020867207`
## Borrower
- **Name:** FREEHOLD FORD, INC.
- **Address:** 3572 ROUTE 9 S, FREEHOLD, NJ, 07728-8570
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $860K
- **Initial approval:** $860K
- **Forgiven:** $869K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $645K
- **Rent:** $168K
- **Utilities:** $13K
- **Health care:** $34K
- **Jobs reported:** 60
## Lender
- **Originating:** Provident Bank
- **Servicing:** Provident Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*