# PPP loan: MACKAY & SPOSITO, INC.
> **$2.12M** approved 04/09/2020 · Paid in Full · Loan `1082057104`
## Borrower
- **Name:** MACKAY & SPOSITO, INC.
- **Address:** 1325 SE Tech Center Dr, Vancouver, WA, 98683-5507
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.12M
- **Initial approval:** $2.12M
- **Forgiven:** $2.15M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.00M
- **Mortgage interest:** $100K
- **Utilities:** $22K
- **Jobs reported:** 104
## Lender
- **Originating:** Columbia Community CU
- **Servicing:** Columbia Community CU (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*