# PPP loan: MCPHERSON BACKHOE, INC
> **$194K** approved 04/05/2020 · Paid in Full · Loan `5090887006`
## Borrower
- **Name:** MCPHERSON BACKHOE, INC
- **Address:** 1227 MOCCASIN RD, MCPHERSON, KS, 67460-8075
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $195K (101%)
- **Forgiveness date:** 11/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $146K
- **Rent:** $19K
- **Utilities:** $29K
- **Jobs reported:** 16
## Lender
- **Originating:** First Bank Kansas
- **Servicing:** First Bank Kansas (KS)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*