# PPP loan: MCPHEE ASSOCIATES INC.
> **$363K** approved 04/04/2020 · Paid in Full · Loan `5003977001`
## Borrower
- **Name:** MCPHEE ASSOCIATES INC.
- **Address:** 1382 Rte 134, EAST DENNIS, MA, 02641
- **NAICS:** 236115
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $363K
- **Initial approval:** $363K
- **Forgiven:** $366K (101%)
- **Forgiveness date:** 03/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $349K
- **Rent:** $10K
- **Utilities:** $4K
- **Jobs reported:** 24
## Lender
- **Originating:** The Cape Cod Five Cents Savings Bank
- **Servicing:** The Cape Cod Five Cents Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*