# PPP loan: MCKINGHT DEVELOPMENT CORPORATION
> **$172K** approved 04/03/2020 · Paid in Full · Loan `4584997010`
## Borrower
- **Name:** MCKINGHT DEVELOPMENT CORPORATION
- **Address:** 3351 McDowell Road, GROVE CITY, OH, 43123-2907
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $173K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $145K
- **Rent:** $9K
- **Utilities:** $5K
- **Debt interest:** $14K
- **Jobs reported:** 10
## Lender
- **Originating:** Heartland Bank
- **Servicing:** Heartland Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*