# PPP loan: MAC PRESENTS LLC
> **$171K** approved 04/10/2020 · Paid in Full · Loan `1240437107`
## Borrower
- **Name:** MAC PRESENTS LLC
- **Address:** 7 W 18TH ST 3RD FL, NEW YORK, NY, 10011-4601
- **NAICS:** 541810
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $171K
- **Initial approval:** $171K
- **Forgiven:** $146K (86%)
- **Forgiveness date:** 12/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $131K
- **Rent:** $30K
- **Utilities:** $500
- **Health care:** $8K
- **Debt interest:** $2K
- **Jobs reported:** 9
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*