MAC PROPERTIES INVESTMENTS INC (DE) - 2020 PPP Loan Borrower Profile (# 6159247202)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to MAC PROPERTIES INVESTMENTS INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Delaware.
Loan Detail
Loan Number
6159247202
SBA Office Code
0341
Processing Method
PPP
Curent Loan Amount
$57,700
Date Loan was Approved
Apr 27, 2020
Amount Forgiven
$58,341.11
Date Loan was Forgiven
Jun 17, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
1,000
Payroll Proced
56,700
Lender
Orrstown Bank
Business Detail
Business Type
Subchapter S Corporation
NAICS
531311
Borrower Location
SMYRNA, DE
Project Location
SMYRNA, DE
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
3
Business Age Description
Existing or more than 2 years old
Data Source: SBA.