# PPP loan: MAD-MAC LLC
> **$155K** approved 05/01/2020 · Paid in Full · Loan `1777747705`
## Borrower
- **Name:** MAD-MAC LLC
- **Address:** 265 VREELAND AVE, PATERSON, NJ, 07504
- **NAICS:** 424490
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $156K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $147K
- **Rent:** $5K
- **Utilities:** $3K
- **Jobs reported:** 270
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*