# PPP loan: FARGO TIRE SERVICE, INC
> **$268K** approved 04/08/2020 · Paid in Full · Loan `8061317004`
## Borrower
- **Name:** FARGO TIRE SERVICE, INC
- **Address:** 2020 Main Ave, FARGO, ND, 58103-1423
- **NAICS:** 441320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $268K
- **Initial approval:** $268K
- **Forgiven:** $270K (101%)
- **Forgiveness date:** 01/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Mortgage interest:** $10K
- **Utilities:** $21K
- **Jobs reported:** 25
## Lender
- **Originating:** VISIONBank
- **Servicing:** VISIONBank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*