# PPP loan: MCGRATH MOTORCYCLES LLC
> **$332K** approved 04/04/2020 · Paid in Full · Loan `4792597002`
## Borrower
- **Name:** MCGRATH MOTORCYCLES LLC
- **Address:** 120 Westcor Dr, CORALVILLE, IA, 52241-2918
- **NAICS:** 441228
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $332K
- **Initial approval:** $332K
- **Forgiven:** $334K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $332K
- **Jobs reported:** 24
## Lender
- **Originating:** Cedar Rapids Bank and Trust Company
- **Servicing:** Cedar Rapids Bank and Trust Company (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*