PPP Loan information for M&m lerma inc

$200,400

M&m lerma inc was initially approved for PPP Loan of amount $200,400, the current approved amount is $200,400. The loan was approved on 04/07/2020 by The International Bank of Commerce reported 59 jobs and $200,400 was used to fund payroll.

M&m lerma inc is Existing or more than 2 years old

PPP Loan Search / TX / CORPUS CHRISTI / M&m lerma inc

M&M LERMA INC

Date Approved

04/07/2020

SBA Office Code

0639

Processing Method

PPP

Borrower Name

M&M LERMA INC

Borrower Address

PO BOX 8309

Borrower City

CORPUS CHRISTI

Borrower State

TX

Borrower Zip

78468

Loan Status Date

01/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

200400.00

Current Approval Amount

200400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

70700

Servicing Lender Name

International Bank of Commerce

Servicing Lender Address

1200 San Bernardo Ave

Servicing Lender City

LAREDO

Servicing Lender State

TX

Servicing Lender Zip

78040-6301

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CORPUS CHRISTI

Project County Name

NUECES

Project State

TX

Project Zip

78468-0001

CD

TX-27

Jobs Reported

59

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

20040.00

Payroll Proceed

160320.00

Mortgage Interest Proceed

0.00

Rent Proceed

20040.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

70700

Originating Lender

International Bank of Commerce

Originating Lender City

LAREDO

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

201724.87

Forgiveness Date

12/15/2020

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