# PPP loan: MCELROY MANUFACTURING INC
> **$5.13M** approved 04/06/2020 · Paid in Full · Loan `5743337003`
## Borrower
- **Name:** MCELROY MANUFACTURING INC
- **Address:** 833 N. Fulton, TULSA, OK, 74115-6408
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.13M
- **Initial approval:** $5.13M
- **Forgiven:** $5.19M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.61M
- **Rent:** $253K
- **Utilities:** $81K
- **Health care:** $156K
- **Debt interest:** $28K
- **Jobs reported:** 313
## Lender
- **Originating:** Mabrey Bank
- **Servicing:** Mabrey Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*