# PPP loan: ED BUTTS FORD INC
> **$724K** approved 04/08/2020 · Paid in Full · Loan `8515567004`
## Borrower
- **Name:** ED BUTTS FORD INC
- **Address:** 1515 N HACIENDA BLVD, LA PUENTE, CA, 91744-1135
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $724K
- **Initial approval:** $724K
- **Forgiven:** $730K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $579K
- **Rent:** $83K
- **Utilities:** $5K
- **Health care:** $57K
- **Jobs reported:** 65
## Lender
- **Originating:** Banc of California
- **Servicing:** Banc of California (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*