# PPP loan: MCCREARY MODERN INC
> **$8.36M** approved 04/06/2020 · Paid in Full · Loan `6058697002`
## Borrower
- **Name:** MCCREARY MODERN INC
- **Address:** 2564 US 321 HWY, NEWTON, NC, 28658-9349
- **NAICS:** 337121
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $8.36M
- **Initial approval:** $8.36M
- **Forgiven:** $8.46M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $8.36M
- **Jobs reported:** 500
## Lender
- **Originating:** Peoples Bank
- **Servicing:** Peoples Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*