# PPP loan: MAC CONSTRUCTION & EXCAVATING INC
> **$3.51M** approved 04/04/2020 · Paid in Full · Loan `4741347008`
## Borrower
- **Name:** MAC CONSTRUCTION & EXCAVATING INC
- **Address:** 1908 Unruh Ct, NEW ALBANY, IN, 47150-6948
- **NAICS:** 236210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $3.51M
- **Initial approval:** $3.07M
- **Forgiven:** $3.55M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.51M
- **Jobs reported:** 219
## Lender
- **Originating:** Stock Yards Bank & Trust Company
- **Servicing:** Stock Yards Bank & Trust Company (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*