# PPP loan: MARCAT INC.
> **$271K** approved 01/20/2021 · Paid in Full · Loan `1972738301`
## Borrower
- **Name:** MARCAT INC.
- **Address:** 2150 W Carroll Ave, Chicago, IL, 60612-1604
- **NAICS:** 424410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $271K
- **Initial approval:** $271K
- **Forgiven:** $272K (100%)
- **Forgiveness date:** 06/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $271K
- **Jobs reported:** 31
## Lender
- **Originating:** Lake Forest Bank & Trust Company, National Association
- **Servicing:** Lake Forest Bank & Trust Company, National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*