# PPP loan: MCMAHAN SERVICES, LTD
> **$1.02M** approved 04/16/2020 · Paid in Full · Loan `3114767208`
## Borrower
- **Name:** MCMAHAN SERVICES, LTD
- **Address:** 269 US HIGHWAY 183 S, CUERO, TX, 77954-6504
- **NAICS:** 213112
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.02M
- **Initial approval:** $1.02M
- **Forgiven:** $1.03M (101%)
- **Forgiveness date:** 04/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.02M
- **Jobs reported:** 59
## Lender
- **Originating:** Prosperity Bank
- **Servicing:** Prosperity Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*