# PPP loan: WOOLWINE FORD LINCOLN, INC.
> **$708K** approved 04/08/2020 · Paid in Full · Loan `8194857006`
## Borrower
- **Name:** WOOLWINE FORD LINCOLN, INC.
- **Address:** 3040 U S HIGHWAY 49, COLLINS, MS, 39428-4565
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $708K
- **Initial approval:** $708K
- **Forgiven:** $715K (101%)
- **Forgiveness date:** 05/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $531K
- **Rent:** $14K
- **Mortgage interest:** $127K
- **Utilities:** $35K
- **Jobs reported:** 47
## Lender
- **Originating:** The First Bank
- **Servicing:** The First Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*