# PPP loan: MARCAT, INC.
> **$383K** approved 04/07/2020 · Paid in Full · Loan `6926007006`
## Borrower
- **Name:** MARCAT, INC.
- **Address:** 2150 W CARROLL AVE, CHICAGO, IL, 60612-1604
- **NAICS:** 425120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $383K
- **Initial approval:** $383K
- **Forgiven:** $386K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $288K
- **Rent:** $91K
- **Utilities:** $5K
- **Jobs reported:** 39
## Lender
- **Originating:** Lake Forest Bank & Trust Company, National Association
- **Servicing:** Lake Forest Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*