# PPP loan: SAINT JOHNS FORD MECURY SALES, INC
> **$392K** approved 04/08/2020 · Paid in Full · Loan `7812887008`
## Borrower
- **Name:** SAINT JOHNS FORD MECURY SALES, INC
- **Address:** 2380 US HIGHWAY 27 PO Box 154, SAINT JOHNS, MI, 48879-9101
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $392K
- **Initial approval:** $392K
- **Forgiven:** $396K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $294K
- **Rent:** $35K
- **Utilities:** $27K
- **Health care:** $36K
- **Jobs reported:** 27
## Lender
- **Originating:** Mercantile Bank
- **Servicing:** Mercantile Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*