PPP Loan information for M13 inc

$424,500

M13 inc was initially approved for PPP Loan of amount $500,000, the current approved amount is $424,500. The loan was approved on 04/09/2020 by The Byline Bank reported 38 jobs and $424,500 was used to fund payroll.

M13 inc is Existing or more than 2 years old

M13 INC

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

M13 INC

Borrower Address

1300 Basswood Rd Ste 100

Borrower City

SCHAUMBURG

Borrower State

IL

Borrower Zip

60173-4522

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

424500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21023

Servicing Lender Name

Byline Bank

Servicing Lender Address

180 N LaSalle St, Ste 300

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60601-3110

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SCHAUMBURG

Project County Name

COOK

Project State

IL

Project Zip

60173-4522

CD

IL-08

Jobs Reported

38

NAICS Code

323113

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

424500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21023

Originating Lender

Byline Bank

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

430336.87

Forgiveness Date

09/02/2021

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