# PPP loan: ULTIMATE FORD INC
> **$632K** approved 04/06/2020 · Paid in Full · Loan `6069847005`
## Borrower
- **Name:** ULTIMATE FORD INC
- **Address:** 2448 HIGHWAY 62, MOUNTAIN HOME, AR, 72653-6520
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $632K
- **Initial approval:** $632K
- **Forgiven:** $636K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $632K
- **Jobs reported:** 80
## Lender
- **Originating:** Arvest Bank
- **Servicing:** Arvest Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*