# PPP loan: FERRARIO FORD, INC.
> **$776K** approved 04/06/2020 · Paid in Full · Loan `5644497010`
## Borrower
- **Name:** FERRARIO FORD, INC.
- **Address:** 2472 CORNING RD, ELMIRA, NY, 14903-1044
- **NAICS:** 423110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $776K
- **Initial approval:** $776K
- **Forgiven:** $787K (101%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $776K
- **Jobs reported:** 71
## Lender
- **Originating:** Citizens & Northern Bank
- **Servicing:** Citizens & Northern Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*