# PPP loan: MC AUTOMOTIVE INC
> **$424K** approved 04/14/2020 · Paid in Full · Loan `7379557110`
## Borrower
- **Name:** MC AUTOMOTIVE INC
- **Address:** 5010 Old Easley Bridge Rd, EASLEY, SC, 29642
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $424K
- **Initial approval:** $424K
- **Forgiven:** $426K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $340K
- **Rent:** $63K
- **Utilities:** $21K
- **Jobs reported:** 49
## Lender
- **Originating:** First Commercial Bank
- **Servicing:** First Commercial Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*