# PPP loan: MACC RELATED LLC
> **$314K** approved 03/12/2021 · Exemption 4 · Loan `9370778508`
## Borrower
- **Name:** MACC RELATED LLC
- **Address:** 50 Florence Dr, Chappaqua, NY, 10514-2426
- **NAICS:** 812910
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $314K
- **Initial approval:** $314K
- **Forgiven:** $226K (72%)
- **Forgiveness date:** 08/11/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $314K
- **Utilities:** $1
- **Jobs reported:** 49
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*