# PPP loan: MCCARTHY'S SHOPS INC.
> **$438K** approved 04/27/2020 · Paid in Full · Loan `3652717201`
## Borrower
- **Name:** MCCARTHY'S SHOPS INC.
- **Address:** 1845 DALY STREET, LOS ANGELES, CA, 90031
- **NAICS:** 327213
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $438K
- **Initial approval:** $438K
- **Forgiven:** $444K (101%)
- **Forgiveness date:** 10/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $438K
- **Jobs reported:** 37
## Lender
- **Originating:** Banc of California
- **Servicing:** Banc of California (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*