# PPP loan: MCPHAIL ASSOCIATES LLC
> **$829K** approved 04/27/2020 · Paid in Full · Loan `4967907209`
## Borrower
- **Name:** MCPHAIL ASSOCIATES LLC
- **Address:** 2269 Massachusetts Avenue, Cambridge, MA, 02140
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $829K
- **Initial approval:** $829K
- **Forgiven:** $834K (101%)
- **Forgiveness date:** 12/16/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $771K
- **Rent:** $55K
- **Utilities:** $3K
- **Jobs reported:** 61
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*