# PPP loan: A.C. MCCARTNEY EQUIPMENT, INC.
> **$754K** approved 04/04/2020 · Paid in Full · Loan `5042597008`
## Borrower
- **Name:** A.C. MCCARTNEY EQUIPMENT, INC.
- **Address:** 606 N Sparta St, WATAGA, IL, 61488-5189
- **NAICS:** 423820
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $754K
- **Initial approval:** $754K
- **Forgiven:** $759K (101%)
- **Forgiveness date:** 12/22/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $754K
- **Jobs reported:** 63
## Lender
- **Originating:** United Community Bank
- **Servicing:** United Community Bank (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*