# PPP loan: MCKINNON MOTORS LLC
> **$572K** approved 04/10/2020 · Paid in Full · Loan `1724787103`
## Borrower
- **Name:** MCKINNON MOTORS LLC
- **Address:** 235 PRICE DR, CLANTON, AL, 35046-4338
- **NAICS:** 441110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $572K
- **Initial approval:** $572K
- **Forgiven:** $578K (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $468K
- **Rent:** $73K
- **Utilities:** $14K
- **Health care:** $17K
- **Jobs reported:** 47
## Lender
- **Originating:** River Bank & Trust
- **Servicing:** River Bank & Trust (AL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*