# PPP loan: MCCLAIN RESTURANT GROUP
> **$656K** approved 04/07/2020 · Exemption 4 · Loan `7432227007`
## Borrower
- **Name:** MCCLAIN RESTURANT GROUP
- **Address:** 308 W MAPLE AVE, INDEPENDENCE, MO, 64050-2818
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $656K
- **Initial approval:** $656K
- **Forgiven:** $494K (75%)
- **Forgiveness date:** 06/11/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $656K
- **Jobs reported:** 98
## Lender
- **Originating:** Blue Ridge Bank and Trust Co.
- **Servicing:** Blue Ridge Bank and Trust Co. (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*