# PPP loan: THE MCCONNELL GROUP. INC.
> **$1.07M** approved 04/14/2020 · Paid in Full · Loan `7563387107`
## Borrower
- **Name:** THE MCCONNELL GROUP. INC.
- **Address:** 8400 Corporate Drive Suite 120, Landover, MD, 20785
- **NAICS:** 541714
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.08M (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $745K
- **Rent:** $10K
- **Health care:** $315K
- **Debt interest:** $1K
- **Jobs reported:** 83
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*