# PPP loan: SOERENS FORD INC
> **$990K** approved 04/08/2020 · Paid in Full · Loan `8695267004`
## Borrower
- **Name:** SOERENS FORD INC
- **Address:** 18900 W CAPITOL DR, BROOKFIELD, WI, 53045-2701
- **NAICS:** 423110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $990K
- **Initial approval:** $990K
- **Forgiven:** $997K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $742K
- **Mortgage interest:** $124K
- **Utilities:** $124K
- **Jobs reported:** 79
## Lender
- **Originating:** Johnson Bank
- **Servicing:** Johnson Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*