# PPP loan: FOREST CITY FORD, INC.
> **$181K** approved 04/03/2020 · Paid in Full · Loan `4428917006`
## Borrower
- **Name:** FOREST CITY FORD, INC.
- **Address:** 745 HIGHWAY 69 N, FOREST CITY, IA, 50436-1136
- **NAICS:** 441120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $181K
- **Initial approval:** $181K
- **Forgiven:** $183K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $136K
- **Mortgage interest:** $23K
- **Utilities:** $23K
- **Jobs reported:** 15
## Lender
- **Originating:** Manufacturers Bank & Trust Company
- **Servicing:** Manufacturers Bank & Trust Company (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*