# PPP loan: MCKELVEY HOMES, LLC
> **$653K** approved 04/04/2020 · Paid in Full · Loan `5011657010`
## Borrower
- **Name:** MCKELVEY HOMES, LLC
- **Address:** 218 Chesterfield Towne Centre, CHESTERFIELD, MO, 63005-1257
- **NAICS:** 236115
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $653K
- **Initial approval:** $653K
- **Forgiven:** $658K (101%)
- **Forgiveness date:** 12/21/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $490K
- **Rent:** $20K
- **Mortgage interest:** $65K
- **Utilities:** $78K
- **Jobs reported:** 42
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*