# PPP loan: AMAC INC
> **$277K** approved 04/03/2020 · Paid in Full · Loan `4404887005`
## Borrower
- **Name:** AMAC INC
- **Address:** 72997 O72 RD, MONTROSE, CO, 81401-7699
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $277K
- **Initial approval:** $277K
- **Forgiven:** $278K (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $277K
- **Jobs reported:** 60
## Lender
- **Originating:** Timberline Bank
- **Servicing:** Timberline Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*