# PPP loan: VAL WARD CADILLAC, INC.
> **$1.13M** approved 04/06/2020 · Paid in Full · Loan `5774217005`
## Borrower
- **Name:** VAL WARD CADILLAC, INC.
- **Address:** 12626 Tamiami Trail S, FORT MYERS, FL, 33907
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.13M
- **Initial approval:** $1.13M
- **Forgiven:** $1.13M (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $845K
- **Rent:** $282K
- **Jobs reported:** 83
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*