# PPP loan: MCG MECHANICAL INC.
> **$737K** approved 04/06/2020 · Paid in Full · Loan `6111167007`
## Borrower
- **Name:** MCG MECHANICAL INC.
- **Address:** 2000 PEARMAN DAIRY RD, ANDERSON, SC, 29625-1321
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $737K
- **Initial approval:** $737K
- **Forgiven:** $743K (101%)
- **Forgiveness date:** 01/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $737K
- **Jobs reported:** 76
## Lender
- **Originating:** The Peoples Bank
- **Servicing:** The Peoples Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*