# PPP loan: MACO TRANSPORTATION, LLC
> **$781K** approved 04/07/2020 · Exemption 4 · Loan `6626417009`
## Borrower
- **Name:** MACO TRANSPORTATION, LLC
- **Address:** 790 S. 4TH ST, MEMPHIS, TN, 38126-3713
- **NAICS:** 484110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $781K
- **Initial approval:** $781K
- **Forgiven:** $720K (92%)
- **Forgiveness date:** 01/28/2022
- **Status:** Exemption 4
- **Term:** 57 months
## Use of funds
- **Payroll:** $586K
- **Rent:** $74K
- **Utilities:** $98K
- **Debt interest:** $24K
- **Jobs reported:** 55
## Lender
- **Originating:** Financial Federal Bank
- **Servicing:** Financial Federal Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*