# PPP loan: MCELHENNEY CONSTRUCTION COMPANY LLC
> **$248K** approved 04/05/2020 · Paid in Full · Loan `5498047005`
## Borrower
- **Name:** MCELHENNEY CONSTRUCTION COMPANY LLC
- **Address:** 9408 BELLINGRATH ROAD, THEODORE, AL, 36582-2707
- **NAICS:** 237310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 05/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $227K
- **Rent:** $9K
- **Utilities:** $3K
- **Debt interest:** $8K
- **Jobs reported:** 19
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*