# PPP loan: BASIL FORD OF NIAGARA FALLS, INC.
> **$492K** approved 04/14/2020 · Paid in Full · Loan `7990767108`
## Borrower
- **Name:** BASIL FORD OF NIAGARA FALLS, INC.
- **Address:** 6980 Niagara Falls Boulevard, Niagara Falls, NY, 14304
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $492K
- **Initial approval:** $492K
- **Forgiven:** $495K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $428K
- **Rent:** $9K
- **Mortgage interest:** $30K
- **Utilities:** $13K
- **Health care:** $7K
- **Debt interest:** $5K
- **Jobs reported:** 45
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*