# PPP loan: MCCORMICK SAND INC
> **$245K** approved 02/05/2021 · Paid in Full · Loan `3916328410`
## Borrower
- **Name:** MCCORMICK SAND INC
- **Address:** 5430 Russell Rd, Twin Lake, MI, 49457-9578
- **NAICS:** 238910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $247K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $245K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** The Shelby State Bank
- **Servicing:** The Shelby State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*