# PPP loan: MCGRATH IMPORTS INC.
> **$2.00M** approved 01/29/2021 · Paid in Full · Loan `8329438308`
## Borrower
- **Name:** MCGRATH IMPORTS INC.
- **Address:** 7000 Golf Rd, Morton Grove, IL, 60053-1328
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.02M (101%)
- **Forgiveness date:** 01/24/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Jobs reported:** 143
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*