# PPP loan: SANDFORD MOTORS INC
> **$366K** approved 01/27/2021 · Paid in Full · Loan `6828708301`
## Borrower
- **Name:** SANDFORD MOTORS INC
- **Address:** 883 Boardman Canfield Rd, Youngstown, OH, 44512-4216
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $366K
- **Initial approval:** $366K
- **Forgiven:** $371K (101%)
- **Forgiveness date:** 03/29/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $366K
- **Utilities:** $1
- **Jobs reported:** 31
## Lender
- **Originating:** Premier Bank
- **Servicing:** Premier Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*