# PPP loan: MCCONNELL IMPORTS, INC
> **$900K** approved 04/07/2020 · Paid in Full · Loan `7556697010`
## Borrower
- **Name:** MCCONNELL IMPORTS, INC
- **Address:** 2840 EASTERN BLVD, MONTGOMERY, AL, 36116-1000
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $900K
- **Initial approval:** $900K
- **Forgiven:** $907K (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $900K
- **Jobs reported:** 89
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*