# PPP loan: FLOYD TRAYLOR HONDA, INC.
> **$387K** approved 04/14/2020 · Paid in Full · Loan `6220747101`
## Borrower
- **Name:** FLOYD TRAYLOR HONDA, INC.
- **Address:** 3200 ZERO ST, FORT SMITH, AR, 72908-6842
- **NAICS:** 441110
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $387K
- **Initial approval:** $387K
- **Forgiven:** $392K (101%)
- **Forgiveness date:** 07/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $337K
- **Rent:** $38K
- **Utilities:** $13K
- **Jobs reported:** 41
## Lender
- **Originating:** The First National Bank of Fort Smith
- **Servicing:** The First National Bank of Fort Smith (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*