# PPP loan: MAC 1 FOOD AND BEVERAGE LLC
> **$175K** approved 02/12/2021 · Exemption 4 · Loan `7506498410`
## Borrower
- **Name:** MAC 1 FOOD AND BEVERAGE LLC
- **Address:** 109 W Broadway, New York, NY, 10013-3972
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $112K (64%)
- **Forgiveness date:** 05/18/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $175K
- **Utilities:** $1
- **Jobs reported:** 21
## Lender
- **Originating:** Alpine Capital Bank
- **Servicing:** Alpine Capital Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*