# PPP loan: MACK GRUBBS MOTORS, INC
> **$349K** approved 04/04/2020 · Paid in Full · Loan `4901727004`
## Borrower
- **Name:** MACK GRUBBS MOTORS, INC
- **Address:** 1480 HIGHWAY 98, COLUMBIA, MS, 39429-8103
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $349K
- **Initial approval:** $349K
- **Forgiven:** $352K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $262K
- **Mortgage interest:** $87K
- **Jobs reported:** 30
## Lender
- **Originating:** The First Bank
- **Servicing:** The First Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*