# PPP loan: MACCORMACK PLUMBING INC.
> **$3.09M** approved 04/06/2020 · Paid in Full · Loan `5686027007`
## Borrower
- **Name:** MACCORMACK PLUMBING INC.
- **Address:** 17 BRIDGE ST Suite 104, BILLERICA, MA, 01821-1000
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.09M
- **Initial approval:** $3.09M
- **Forgiven:** $3.13M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.35M
- **Rent:** $30K
- **Utilities:** $389K
- **Debt interest:** $325K
- **Jobs reported:** 202
## Lender
- **Originating:** Enterprise Bank and Trust Company
- **Servicing:** Enterprise Bank and Trust Company (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*