# PPP loan: JIM FALK MOTORS, INC
> **$533K** approved 04/06/2020 · Paid in Full · Loan `5794567002`
## Borrower
- **Name:** JIM FALK MOTORS, INC
- **Address:** 1201 NORTH   2ND ST, CLINTON, MO, 64735-1423
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $533K
- **Initial approval:** $533K
- **Forgiven:** $536K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $426K
- **Mortgage interest:** $107K
- **Jobs reported:** 85
## Lender
- **Originating:** Hawthorn Bank
- **Servicing:** Hawthorn Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*