# PPP loan: WUCH MAC DISTRIBUTING INC
> **$328K** approved 04/08/2020 · Paid in Full · Loan `8056577007`
## Borrower
- **Name:** WUCH MAC DISTRIBUTING INC
- **Address:** 20046 HOYA CT, LAKEVILLE, MN, 55044-6829
- **NAICS:** 624410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $328K
- **Initial approval:** $328K
- **Forgiven:** $331K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $263K
- **Rent:** $59K
- **Utilities:** $6K
- **Jobs reported:** 61
## Lender
- **Originating:** Security Bank & Trust Company
- **Servicing:** Security Bank & Trust Company (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*