# PPP loan: MCRAVEN INCORPORATED
> **$188K** approved 05/08/2020 · Paid in Full · Loan `3948827405`
## Borrower
- **Name:** MCRAVEN INCORPORATED
- **Address:** 926 APPALACHIAN DR, BOONE, NC, 28607-4373
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Forgiven:** $190K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $38K
- **Utilities:** $150K
- **Jobs reported:** 60
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*