# PPP loan: MAC ACQUISITION OF NEW JERSEY LLC
> **$3.86M** approved 04/30/2020 · Paid in Full · Loan `7752467302`
## Borrower
- **Name:** MAC ACQUISITION OF NEW JERSEY LLC
- **Address:** 1855 Blake St Suite 200, DENVER, CO, 80202-1288
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.86M
- **Initial approval:** $5.49M
- **Forgiven:** $3.98M (103%)
- **Forgiveness date:** 08/16/2023
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $2.89M
- **Rent:** $450K
- **Utilities:** $514K
- **Jobs reported:** 500
## Lender
- **Originating:** Axos Bank
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*