# PPP loan: MACLAREN FABRICATION, INC.
> **$369K** approved 04/13/2020 · Paid in Full · Loan `5584967104`
## Borrower
- **Name:** MACLAREN FABRICATION, INC.
- **Address:** 1125 PHOENIXVILLE PIKE, WEST CHESTER, PA, 19380-4215
- **NAICS:** 327991
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $369K
- **Initial approval:** $369K
- **Forgiven:** $373K (101%)
- **Forgiveness date:** 07/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $329K
- **Rent:** $27K
- **Utilities:** $12K
- **Debt interest:** $750
- **Jobs reported:** 34
## Lender
- **Originating:** Meridian Bank
- **Servicing:** Meridian Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*