# PPP loan: SARCHIONE FORD INC.
> **$801K** approved 04/07/2020 · Paid in Full · Loan `6520237005`
## Borrower
- **Name:** SARCHIONE FORD INC.
- **Address:** 1668 State Route 44, RANDOLPH, OH, 44265-9800
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $801K
- **Initial approval:** $801K
- **Forgiven:** $807K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $801K
- **Jobs reported:** 56
## Lender
- **Originating:** The Farmers National Bank of Canfield
- **Servicing:** The Farmers National Bank of Canfield (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*