PPP Loan information for Mac inc

$500,000

Mac inc was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 04/14/2020 by The Customers Bank reported 78 jobs and $500,000 was used to fund payroll.

Mac inc is Existing or more than 2 years old

PPP Loan Search / MD / Salisbury / Mac inc

MAC INC

Date Approved

04/14/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

MAC INC

Borrower Address

909 Progress Circle, Suite 100

Borrower City

Salisbury

Borrower State

MD

Borrower Zip

21804

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Salisbury

Project County Name

WICOMICO

Project State

MD

Project Zip

21804-0001

CD

MD-01

Jobs Reported

78

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

500000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

503835.62

Forgiveness Date

02/12/2021

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