# PPP loan: MCKINNEY SAW AND CYCLE, INC
> **$421K** approved 04/10/2020 · Paid in Full · Loan `1715197101`
## Borrower
- **Name:** MCKINNEY SAW AND CYCLE, INC
- **Address:** 715 N. SERVICE RD, RUSTON, LA, 71270-2912
- **NAICS:** 441228
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $421K
- **Initial approval:** $421K
- **Forgiven:** $424K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $316K
- **Rent:** $84K
- **Mortgage interest:** $21K
- **Jobs reported:** 45
## Lender
- **Originating:** Origin Bank
- **Servicing:** Origin Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*