PPP Loan information for Macatak, inc

$700,000

Macatak, inc was initially approved for PPP Loan of amount $700,000, the current approved amount is $700,000. The loan was approved on 04/09/2020 by The James Polk Stone Community Bank reported 272 jobs and $700,000 was used to fund payroll.

Macatak, inc is Existing or more than 2 years old

PPP Loan Search / NM / CLOVIS / Macatak, inc

MACATAK, INC

Date Approved

04/09/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

MACATAK, INC

Borrower Address

2600 21ST ST

Borrower City

CLOVIS

Borrower State

NM

Borrower Zip

88101-8618

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

700000.00

Current Approval Amount

700000.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

45931

Servicing Lender Name

James Polk Stone Community Bank

Servicing Lender Address

109 E 2nd St

Servicing Lender City

PORTALES

Servicing Lender State

NM

Servicing Lender Zip

88130-6203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLOVIS

Project County Name

CURRY

Project State

NM

Project Zip

88101-8618

CD

NM-03

Jobs Reported

272

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

680000.00

Mortgage Interest Proceed

10000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

45931

Originating Lender

James Polk Stone Community Bank

Originating Lender City

PORTALES

Originating Lender State

NM

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

704647.22

Forgiveness Date

12/16/2020

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