# PPP loan: CYPRESS FORD LINCOLN MERCURY, LP
> **$642K** approved 04/05/2020 · Paid in Full · Loan `5442017008`
## Borrower
- **Name:** CYPRESS FORD LINCOLN MERCURY, LP
- **Address:** 2055 BURTON RD, MOUNT PLEASANT, TX, 75455-2208
- **NAICS:** 441110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $642K
- **Initial approval:** $642K
- **Forgiven:** $647K (101%)
- **Forgiveness date:** 12/21/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $569K
- **Rent:** $50K
- **Utilities:** $6K
- **Health care:** $18K
- **Jobs reported:** 58
## Lender
- **Originating:** Citizens Bank
- **Servicing:** Citizens Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*