PPP Loan information for M516, inc.

$15,800

M516, inc. was initially approved for PPP Loan of amount $15,800, the current approved amount is $15,800. The loan was approved on 04/27/2020 by The Legacy Bank reported 1 jobs and $15,800 was used to fund payroll.

M516, inc. is Existing or more than 2 years old

PPP Loan Search / OK / ELK CITY / M516, inc.

M516, INC.

Date Approved

04/27/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

M516, INC.

Borrower Address

1728 PO BOX 1728

Borrower City

ELK CITY

Borrower State

OK

Borrower Zip

73648-1728

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15800.00

Current Approval Amount

15800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58771

Servicing Lender Name

Legacy Bank

Servicing Lender Address

101 W Main St

Servicing Lender City

HINTON

Servicing Lender State

OK

Servicing Lender Zip

73047

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK CITY

Project County Name

BECKHAM

Project State

OK

Project Zip

73648-1728

CD

OK-03

Jobs Reported

1

NAICS Code

813110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2115.00

Payroll Proceed

11685.00

Mortgage Interest Proceed

2000.00

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

58771

Originating Lender

Legacy Bank

Originating Lender City

HINTON

Originating Lender State

OK

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

15883.39

Forgiveness Date

11/05/2020

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