# PPP loan: MACDO FOODS, INC.
> **$2.03M** approved 04/13/2020 · Paid in Full · Loan `4793787100`
## Borrower
- **Name:** MACDO FOODS, INC.
- **Address:** 165 Deer Run, BUFFALO, NY, 14221-1823
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.03M
- **Initial approval:** $2.03M
- **Forgiven:** $2.05M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.53M
- **Rent:** $281K
- **Mortgage interest:** $66K
- **Utilities:** $120K
- **Health care:** $35K
- **Jobs reported:** 371
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*