# PPP loan: HERMANN FORD, INC
> **$194K** approved 04/09/2020 · Paid in Full · Loan `9738427010`
## Borrower
- **Name:** HERMANN FORD, INC
- **Address:** 614 MARKET ST, HERMANN, MO, 65041-1326
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $195K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $180K
- **Rent:** $10K
- **Utilities:** $4K
- **Jobs reported:** 20
## Lender
- **Originating:** Peoples Savings Bank of Rhineland
- **Servicing:** Peoples Savings Bank of Rhineland (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*