# PPP loan: MCGOWIN KING MORTGAGE LLC
> **$153K** approved 04/09/2020 · Paid in Full · Loan `9908927000`
## Borrower
- **Name:** MCGOWIN KING MORTGAGE LLC
- **Address:** 2 OFFICE PARK CIR #103, MOUNTAIN BRK, AL, 35223-2509
- **NAICS:** 522310
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $153K
- **Initial approval:** $153K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 06/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $115K
- **Rent:** $8K
- **Mortgage interest:** $8K
- **Utilities:** $8K
- **Health care:** $8K
- **Debt interest:** $8K
- **Jobs reported:** 14
## Lender
- **Originating:** Oakworth Capital Bank
- **Servicing:** Oakworth Capital Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*