# PPP loan: MACTEC PACKAGING TECHNOLOGIES INC
> **$224K** approved 02/26/2021 · Paid in Full · Loan `4646098504`
## Borrower
- **Name:** MACTEC PACKAGING TECHNOLOGIES INC
- **Address:** 2500 Main St Ste 12, Sayreville, NJ, 08872-1473
- **NAICS:** 333993
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $224K
- **Initial approval:** $224K
- **Forgiven:** $225K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $224K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*