# PPP loan: JOE FERGUSON PONTIAC GMC TRUCK INC
> **$682K** approved 05/11/2020 · Paid in Full · Loan `4918697407`
## Borrower
- **Name:** JOE FERGUSON PONTIAC GMC TRUCK INC
- **Address:** 950 SOUTH ACADEMY BLVD, COLORADO SPRINGS, CO, 80910-3965
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $682K
- **Initial approval:** $682K
- **Forgiven:** $688K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $588K
- **Rent:** $94K
- **Jobs reported:** 70
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*