# PPP loan: MAUGUS MANUFACTURING, INC
> **$1.74M** approved 04/14/2020 · Paid in Full · Loan `7000767110`
## Borrower
- **Name:** MAUGUS MANUFACTURING, INC
- **Address:** 505 E. Fulton Street, Lancaster, PA, 17602
- **NAICS:** 339994
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.74M
- **Initial approval:** $1.74M
- **Forgiven:** $1.44M (83%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.31M
- **Utilities:** $435K
- **Jobs reported:** 117
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*