# PPP loan: MCKAYS FAMILY DODGE INC
> **$591K** approved 04/06/2020 · Paid in Full · Loan `6023337010`
## Borrower
- **Name:** MCKAYS FAMILY DODGE INC
- **Address:** 2020 Frontage Rd So, WAITE PARK, MN, 56387
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $591K
- **Initial approval:** $591K
- **Forgiven:** $597K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $470K
- **Rent:** $80K
- **Utilities:** $12K
- **Health care:** $29K
- **Jobs reported:** 85
## Lender
- **Originating:** Deerwood Bank
- **Servicing:** Deerwood Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*