# PPP loan: MCDANIEL AUTOMOTIVE INC
> **$1.09M** approved 03/30/2021 · Paid in Full · Loan `2790188709`
## Borrower
- **Name:** MCDANIEL AUTOMOTIVE INC
- **Address:** 1111 Mount Vernon Ave, Marion, OH, 43302-5622
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.09M
- **Initial approval:** $1.09M
- **Forgiven:** $1.10M (101%)
- **Forgiveness date:** 12/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.09M
- **Utilities:** $1
- **Jobs reported:** 95
## Lender
- **Originating:** Premier Bank
- **Servicing:** Premier Bank (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*