# PPP loan: REINEKE FORD INC.
> **$282K** approved 04/14/2020 · Paid in Full · Loan `5840167100`
## Borrower
- **Name:** REINEKE FORD INC.
- **Address:** 1303 PERRYSBURG RD, FOSTORIA, OH, 44830-1350
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $282K
- **Initial approval:** $282K
- **Forgiven:** $285K (101%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $226K
- **Rent:** $28K
- **Utilities:** $28K
- **Jobs reported:** 28
## Lender
- **Originating:** The Old Fort Banking Company
- **Servicing:** The Old Fort Banking Company (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*