# PPP loan: LENOIR CITY FORD INC
> **$735K** approved 04/13/2020 · Paid in Full · Loan `4396217100`
## Borrower
- **Name:** LENOIR CITY FORD INC
- **Address:** 775 HIGHWAY 321 N, LENOIR CITY, TN, 37771-6547
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $735K
- **Initial approval:** $735K
- **Forgiven:** $742K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $551K
- **Utilities:** $184K
- **Jobs reported:** 49
## Lender
- **Originating:** First-Citizens National Bank
- **Servicing:** First-Citizens National Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*