# PPP loan: FLORESVILLE FORD MERCURY, LTD
> **$397K** approved 04/08/2020 · Paid in Full · Loan `8751657009`
## Borrower
- **Name:** FLORESVILLE FORD MERCURY, LTD
- **Address:** 501 - 10TH ST, FLORESVILLE, TX, 78114-3107
- **NAICS:** 441110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $397K
- **Initial approval:** $397K
- **Forgiven:** $402K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $322K
- **Rent:** $64K
- **Utilities:** $12K
- **Jobs reported:** 43
## Lender
- **Originating:** Jefferson Bank
- **Servicing:** Jefferson Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*