# PPP loan: VILLAGE FORD, INC.
> **$1.73M** approved 04/09/2020 · Paid in Full · Loan `9880487007`
## Borrower
- **Name:** VILLAGE FORD, INC.
- **Address:** 23535 Michigan Ave, 0.0, Dearborn, MI, 48124-1917
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.73M
- **Initial approval:** $1.73M
- **Forgiven:** $1.75M (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.49M
- **Rent:** $112K
- **Utilities:** $45K
- **Health care:** $86K
- **Jobs reported:** 188
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*