# PPP loan: BATES FORD INC
> **$564K** approved 04/13/2020 · Paid in Full · Loan `4388987108`
## Borrower
- **Name:** BATES FORD INC
- **Address:** 1673 WEST MAIN ST, LEBANON, TN, 37087-3138
- **NAICS:** 423110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $564K
- **Initial approval:** $564K
- **Forgiven:** $568K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $564K
- **Jobs reported:** 58
## Lender
- **Originating:** Wilson Bank & Trust
- **Servicing:** Wilson Bank & Trust (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*