# PPP loan: ALAN JAY FORD LINCOLN MERCURY, INC
> **$514K** approved 04/05/2020 · Paid in Full · Loan `5586457010`
## Borrower
- **Name:** ALAN JAY FORD LINCOLN MERCURY, INC
- **Address:** US HIGHWAY 27, SEBRING, FL, 33870-5438
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $514K
- **Initial approval:** $514K
- **Forgiven:** $519K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $514K
- **Jobs reported:** 58
## Lender
- **Originating:** First Southern Bank
- **Servicing:** First Southern Bank (GA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*