Mac Engineering & Equipment Company, INC

$400,000 PPP Loan in Benton Harbor, Michigan

Loan Details

Loan Number
7072357006
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$400,000
Current Approval
$400,000
Forgiveness Amount
$404,467
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mac Engineering & Equipment Company, INC
Address
2775 Meadowbrook Road
ZIP Code
49022-9609
Business Type
Corporation
Industry (NAICS)
Manufacturing (333249)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$11.8M
Rural/Urban
Rural
Congressional District
MI-06

Loan Use Breakdown

Payroll
$400,000

Lender Information

Servicing Lender
1st Source Bank
Originating Lender
1st Source Bank

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