PPP Loan information for M1 networks inc.

$108,250

M1 networks inc. was initially approved for PPP Loan of amount $108,250, the current approved amount is $108,250. The loan was approved on 03/23/2021 by The PNC Bank, National Association reported 18 jobs and $108,250 was used to fund payroll.

M1 networks inc. is Existing or more than 2 years old

M1 NETWORKS INC.

Date Approved

03/23/2021

SBA Office Code

0681

Processing Method

PPS

Borrower Name

M1 NETWORKS INC.

Borrower Address

6019 McPherson Rd Ste 7

Borrower City

Laredo

Borrower State

TX

Borrower Zip

78041-6111

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

108250.00

Current Approval Amount

108250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Laredo

Project County Name

WEBB

Project State

TX

Project Zip

78041-6111

CD

TX-28

Jobs Reported

18

NAICS Code

519190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

108244.00

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

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

109007.75

Forgiveness Date

12/02/2021

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