# PPP loan: MACLAC ENTERPRISES
> **$244K** approved 04/16/2020 · Paid in Full · Loan `2794857209`
## Borrower
- **Name:** MACLAC ENTERPRISES
- **Address:** 242 Ocean Avenue, BLOCK ISLAND, RI, 02807
- **NAICS:** 445110
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $244K
- **Initial approval:** $244K
- **Forgiven:** $246K (101%)
- **Forgiveness date:** 03/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $244K
- **Jobs reported:** 21
## Lender
- **Originating:** Bank of New Hampshire
- **Servicing:** Bank of New Hampshire (NH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*