# PPP loan: MACK ENERGY CORPORATION
> **$2.11M** approved 04/06/2020 · Paid in Full · Loan `6088237005`
## Borrower
- **Name:** MACK ENERGY CORPORATION
- **Address:** PO BOX 960, ARTESIA, NM, 88211-0960
- **NAICS:** 211120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.11M
- **Initial approval:** $2.55M
- **Forgiven:** $2.14M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.24M
- **Rent:** $32K
- **Utilities:** $157K
- **Health care:** $240K
- **Debt interest:** $442K
- **Jobs reported:** 128
## Lender
- **Originating:** Western Bank, Artesia, New Mexico
- **Servicing:** Western Bank, Artesia, New Mexico (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*