PPP Loan information for M2 technology, inc.

$496,363

M2 technology, inc. was initially approved for PPP Loan of amount $496,363, the current approved amount is $496,363. The loan was approved on 04/11/2020 by The Texas Capital Bank reported 20 jobs and $496,363 was used to fund payroll.

M2 technology, inc. is Existing or more than 2 years old

M2 TECHNOLOGY, INC.

Date Approved

04/11/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

M2 TECHNOLOGY, INC.

Borrower Address

21702 Hardy Oak

Borrower City

SAN ANTONIO

Borrower State

TX

Borrower Zip

78258-4833

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

496362.50

Current Approval Amount

496363.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121598

Servicing Lender Name

Texas Capital Bank

Servicing Lender Address

2000 McKinney Ave, Ste 700

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-1985

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAN ANTONIO

Project County Name

BEXAR

Project State

TX

Project Zip

78258-4833

CD

TX-23

Jobs Reported

20

NAICS Code

541519

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1200.00

Payroll Proceed

476599.00

Mortgage Interest Proceed

0.00

Rent Proceed

18564.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

121598

Originating Lender

Texas Capital Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

501775.40

Forgiveness Date

05/21/2021

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