# PPP loan: MCGOUGH BUS COMPANY  INC
> **$525K** approved 02/18/2021 · Paid in Full · Loan `9869578408`
## Borrower
- **Name:** MCGOUGH BUS COMPANY  INC
- **Address:** 4121 NJ-42, Turnersville, NJ, 08012
- **NAICS:** 485410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $525K
- **Initial approval:** $525K
- **Forgiven:** $531K (101%)
- **Forgiveness date:** 02/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $525K
- **Utilities:** $1
- **Jobs reported:** 106
## Lender
- **Originating:** First Savings Bank
- **Servicing:** First Savings Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*