# PPP loan: MCKAY INSURANCE AGENCY, INC.
> **$178K** approved 04/06/2020 · Paid in Full · Loan `6293217009`
## Borrower
- **Name:** MCKAY INSURANCE AGENCY, INC.
- **Address:** 106 E. Main Street, KNOXVILLE, IA, 50138-2524
- **NAICS:** 524210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $178K
- **Initial approval:** $178K
- **Forgiven:** $179K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $178K
- **Jobs reported:** 19
## Lender
- **Originating:** Marion County State Bank
- **Servicing:** Marion County State Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*