# PPP loan: MCKAY AUTO PARTS INC
> **$1.06M** approved 04/06/2020 · Paid in Full · Loan `5853367002`
## Borrower
- **Name:** MCKAY AUTO PARTS INC
- **Address:** 414 N OLD ROUTE 66, LITCHFIELD, IL, 62056-1053
- **NAICS:** 441310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.06M
- **Initial approval:** $1.06M
- **Forgiven:** $1.07M (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.06M
- **Jobs reported:** 187
## Lender
- **Originating:** Bank of Hillsboro, National Association
- **Servicing:** Bank of Hillsboro, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*