# PPP loan: MCGRAYEL COMPANY
> **$440K** approved 05/04/2020 · Paid in Full · Loan `1326307409`
## Borrower
- **Name:** MCGRAYEL COMPANY
- **Address:** 5361 S VILLA AVE, FRESNO, CA, 93725-8903
- **NAICS:** 325998
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $440K
- **Initial approval:** $400K
- **Forgiven:** $442K (101%)
- **Forgiveness date:** 12/16/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $440K
- **Jobs reported:** 34
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*