# PPP loan: MCAFEE ELECTRIC, INC.
> **$241K** approved 04/05/2020 · Paid in Full · Loan `5452467007`
## Borrower
- **Name:** MCAFEE ELECTRIC, INC.
- **Address:** 2337 ST MALO STREET, MADISONVILLE, KY, 42431-8726
- **NAICS:** 111998
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $241K
- **Initial approval:** $241K
- **Forgiven:** $243K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $241K
- **Jobs reported:** 21
## Lender
- **Originating:** First United Bank and Trust Company
- **Servicing:** First United Bank and Trust Company (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*