# PPP loan: LABRUM FORD, INC.
> **$190K** approved 04/13/2020 · Paid in Full · Loan `5619677101`
## Borrower
- **Name:** LABRUM FORD, INC.
- **Address:** 901 So. Main Street, HEBER CITY, UT, 84032-2480
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $190K
- **Initial approval:** $190K
- **Forgiven:** $192K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $143K
- **Rent:** $25K
- **Utilities:** $12K
- **Health care:** $6K
- **Debt interest:** $5K
- **Jobs reported:** 20
## Lender
- **Originating:** Grand Valley Bank
- **Servicing:** Grand Valley Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*