# PPP loan: FORD BUSINESS MACHINES INC
> **$733K** approved 04/15/2020 · Paid in Full · Loan `8701207103`
## Borrower
- **Name:** FORD BUSINESS MACHINES INC
- **Address:** 700 Laurel Dr, CONNELLSVILLE, PA, 15425-3879
- **NAICS:** 423420
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $733K
- **Initial approval:** $733K
- **Forgiven:** $710K (97%)
- **Forgiveness date:** 03/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $733K
- **Jobs reported:** 79
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*