# PPP loan: DOWNTOWN FORD SALES
> **$934K** approved 04/07/2020 · Paid in Full · Loan `7470207002`
## Borrower
- **Name:** DOWNTOWN FORD SALES
- **Address:** 525 N 16TH ST, SACRAMENTO, CA, 95811-0518
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $934K
- **Initial approval:** $934K
- **Forgiven:** $941K (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $934K
- **Jobs reported:** 90
## Lender
- **Originating:** Bank of Ann Arbor
- **Servicing:** Bank of Ann Arbor (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*