# PPP loan: MACKAY CONCRETE CONSTRUC
> **$700K** approved 01/23/2021 · Paid in Full · Loan `4480648306`
## Borrower
- **Name:** MACKAY CONCRETE CONSTRUC
- **Address:** 197 Ballardvale St, Wilmington, MA, 01887-1013
- **NAICS:** 238110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $700K
- **Initial approval:** $700K
- **Forgiven:** $707K (101%)
- **Forgiveness date:** 01/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $700K
- **Jobs reported:** 37
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*