# PPP loan: ROCKY L MCGARITY INC
> **$310K** approved 04/09/2020 · Paid in Full · Loan `9516867007`
## Borrower
- **Name:** ROCKY L MCGARITY INC
- **Address:** 103 W FRONTAGE RD Suite A, LUCEDALE, MS, 39452-5836
- **NAICS:** 446110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $310K
- **Initial approval:** $310K
- **Forgiven:** $315K (101%)
- **Forgiveness date:** 08/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $263K
- **Utilities:** $41K
- **Health care:** $6K
- **Jobs reported:** 55
## Lender
- **Originating:** Community Bank of Mississippi
- **Servicing:** Community Bank of Mississippi (MS)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*