# PPP loan: ANDERSON & KOCH FORD, INC.
> **$511K** approved 04/09/2020 · Paid in Full · Loan `9352557000`
## Borrower
- **Name:** ANDERSON & KOCH FORD, INC.
- **Address:** 5577 St Croix Trail, NORTH BRANCH, MN, 55056-4208
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $511K
- **Initial approval:** $511K
- **Forgiven:** $466K (91%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $409K
- **Rent:** $102K
- **Jobs reported:** 44
## Lender
- **Originating:** First State Bank of Wyoming
- **Servicing:** First State Bank of Wyoming (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*