# PPP loan: WE-MAC MANUFACTURING CO
> **$381K** approved 04/13/2020 · Paid in Full · Loan `4850017100`
## Borrower
- **Name:** WE-MAC MANUFACTURING CO
- **Address:** 326 E 14th Avenue, North Kansas City, MO, 64116-3906
- **NAICS:** 332420
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $381K
- **Initial approval:** $381K
- **Forgiven:** $384K (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $285K
- **Mortgage interest:** $48K
- **Utilities:** $48K
- **Jobs reported:** 27
## Lender
- **Originating:** Exchange Bank and Trust
- **Servicing:** Exchange Bank and Trust (KS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*