# PPP loan: MCCARTHY GROUP, INCORPORATED
> **$176K** approved 04/10/2020 · Paid in Full · Loan `1482797102`
## Borrower
- **Name:** MCCARTHY GROUP, INCORPORATED
- **Address:** 5441 52ND ST SE, GRAND RAPIDS, MI, 49512-9702
- **NAICS:** 424310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $177K (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $132K
- **Mortgage interest:** $29K
- **Health care:** $15K
- **Jobs reported:** 11
## Lender
- **Originating:** United Bank of Michigan
- **Servicing:** United Bank of Michigan (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*