# PPP loan: JOHNSON FORD OF NEW RICHMOND, INC.
> **$548K** approved 04/09/2020 · Paid in Full · Loan `8896907002`
## Borrower
- **Name:** JOHNSON FORD OF NEW RICHMOND, INC.
- **Address:** 812 Noble Road, NEW RICHMOND, WI, 54017-4413
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $548K
- **Initial approval:** $548K
- **Forgiven:** $553K (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $450K
- **Rent:** $93K
- **Utilities:** $5K
- **Jobs reported:** 43
## Lender
- **Originating:** First State Bank and Trust
- **Servicing:** First State Bank and Trust (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*