# PPP loan: MACO, INC.
> **$868K** approved 04/06/2020 · Paid in Full · Loan `5807237008`
## Borrower
- **Name:** MACO, INC.
- **Address:** 521 PLATO LEE RD, SHELBY, NC, 28150-9418
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $868K
- **Initial approval:** $868K
- **Forgiven:** $874K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $868K
- **Jobs reported:** 64
## Lender
- **Originating:** The Fidelity Bank
- **Servicing:** The Fidelity Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*