# PPP loan: MACKAY CONSTRUCTION SERVICES INC.
> **$150K** approved 04/07/2020 · Paid in Full · Loan `7626067005`
## Borrower
- **Name:** MACKAY CONSTRUCTION SERVICES INC.
- **Address:** 197 BALLARDVALE ST, WILMINGTON, MA, 01887-1013
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $150K
- **Initial approval:** $165K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Jobs reported:** 9
## Lender
- **Originating:** Eastern Bank
- **Servicing:** Eastern Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*