# PPP loan: YARMON FORD, INC.
> **$266K** approved 04/06/2020 · Paid in Full · Loan `6421397001`
## Borrower
- **Name:** YARMON FORD, INC.
- **Address:** 640 DIEKMANN DR, PAYNESVILLE, MN, 56362-4655
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $266K
- **Initial approval:** $211K
- **Forgiven:** $269K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Rent:** $30K
- **Utilities:** $16K
- **Jobs reported:** 17
## Lender
- **Originating:** Magnifi Financial CU
- **Servicing:** Magnifi Financial CU (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*