# PPP loan: CARTHAGE FORD MERCURY, INC.
> **$381K** approved 04/07/2020 · Paid in Full · Loan `7544117003`
## Borrower
- **Name:** CARTHAGE FORD MERCURY, INC.
- **Address:** 2920 GRAND AVE, CARTHAGE, MO, 64836-7905
- **NAICS:** 441120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $381K
- **Initial approval:** $381K
- **Forgiven:** $384K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $305K
- **Mortgage interest:** $38K
- **Utilities:** $38K
- **Jobs reported:** 33
## Lender
- **Originating:** The Central Trust Bank
- **Servicing:** The Central Trust Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*