# PPP loan: JIM XAMIS FORD-LINCOLN INC.
> **$285K** approved 04/07/2020 · Paid in Full · Loan `7093527008`
## Borrower
- **Name:** JIM XAMIS FORD-LINCOLN INC.
- **Address:** 2301 WOODLAWN RD, LINCOLN, IL, 62656-9630
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $285K
- **Initial approval:** $285K
- **Forgiven:** $287K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $285K
- **Jobs reported:** 35
## Lender
- **Originating:** Heartland Bank and Trust Company
- **Servicing:** Heartland Bank and Trust Company (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*