# PPP loan: LAVONIA FORD, INC.
> **$307K** approved 04/09/2020 · Paid in Full · Loan `9730417002`
## Borrower
- **Name:** LAVONIA FORD, INC.
- **Address:** 86 N Fairview Rd PO Box 629, LAVONIA, GA, 30553-3300
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $307K
- **Initial approval:** $307K
- **Forgiven:** $310K (101%)
- **Forgiveness date:** 03/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $307K
- **Jobs reported:** 40
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*