# PPP loan: MCKINNEY LUMBER COMPANY, LLC
> **$358K** approved 04/08/2020 · Paid in Full · Loan `8809647010`
## Borrower
- **Name:** MCKINNEY LUMBER COMPANY, LLC
- **Address:** 3510 SAM RAYBURN HWY, MELISSA, TX, 75454-2665
- **NAICS:** 423310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $358K
- **Initial approval:** $358K
- **Forgiven:** $305K (85%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $269K
- **Rent:** $45K
- **Utilities:** $45K
- **Jobs reported:** 25
## Lender
- **Originating:** First United Bank and Trust Company
- **Servicing:** First United Bank and Trust Company (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*