# PPP loan: C. FORD ELECTRIC, LLC
> **$295K** approved 04/05/2020 · Paid in Full · Loan `5188707007`
## Borrower
- **Name:** C. FORD ELECTRIC, LLC
- **Address:** 1729 NW 35TH PL, NEWCASTLE, OK, 73065-5060
- **NAICS:** 238210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $295K
- **Initial approval:** $234K
- **Forgiven:** $297K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $221K
- **Rent:** $5K
- **Utilities:** $4K
- **Health care:** $65K
- **Jobs reported:** 24
## Lender
- **Originating:** Great Plains National Bank
- **Servicing:** Great Plains National Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*