# PPP loan: FRED GRANDE FORD SALES INC.
> **$256K** approved 02/10/2021 · Paid in Full · Loan `6735578409`
## Borrower
- **Name:** FRED GRANDE FORD SALES INC.
- **Address:** 10901 Gratiot Ave, Casco, MI, 48064-1007
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $256K
- **Initial approval:** $256K
- **Forgiven:** $258K (101%)
- **Forgiveness date:** 10/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $256K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** First State Bank
- **Servicing:** First State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*