# PPP loan: MCCORMACK DISTRIBUTING COMPANY, INC.
> **$637K** approved 04/04/2020 · Paid in Full · Loan `4659477002`
## Borrower
- **Name:** MCCORMACK DISTRIBUTING COMPANY, INC.
- **Address:** 1755 24th St SW, LE MARS, IA, 51031-8838
- **NAICS:** 423850
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $637K
- **Initial approval:** $637K
- **Forgiven:** $642K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $637K
- **Jobs reported:** 40
## Lender
- **Originating:** Primebank
- **Servicing:** Primebank (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*