# PPP loan: M&K AUTOMOTIVE, INC.
> **$613K** approved 04/28/2020 · Paid in Full · Loan `9962817210`
## Borrower
- **Name:** M&K AUTOMOTIVE, INC.
- **Address:** 1400 E Dundee Rd, Palatine, IL, 60074
- **NAICS:** 811111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $613K
- **Initial approval:** $613K
- **Forgiven:** $619K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $613K
- **Jobs reported:** 41
## Lender
- **Originating:** Live Oak Banking Company
- **Servicing:** Live Oak Banking Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*