# PPP loan: MCMAHON LAW FIRM P.C
> **$535K** approved 04/06/2020 · Paid in Full · Loan `5748657004`
## Borrower
- **Name:** MCMAHON LAW FIRM P.C
- **Address:** 400 PINE ST STE 800, ABILENE, TX, 79601-0601
- **NAICS:** 541110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $535K
- **Initial approval:** $471K
- **Forgiven:** $538K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $401K
- **Utilities:** $134K
- **Jobs reported:** 30
## Lender
- **Originating:** First Financial Bank
- **Servicing:** First Financial Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*