# PPP loan: MCL INDUSTRIES, INC
> **$300K** approved 05/06/2020 · Exemption 4 · Loan `2485547402`
## Borrower
- **Name:** MCL INDUSTRIES, INC
- **Address:** 75 VAN WERT ST, BUCHANAN, GA, 30113
- **NAICS:** 339999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $300K
- **Initial approval:** $300K
- **Status:** Exemption 4
- **Term:** 24 months
## Use of funds
- **Payroll:** $300K
- **Jobs reported:** 48
## Lender
- **Originating:** Kabbage, Inc.
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*