PPP Loan information for M2 inc

$51,000

M2 inc was initially approved for PPP Loan of amount $51,000, the current approved amount is $51,000. The loan was approved on 04/13/2020 by The First Horizon Bank reported 4 jobs and $51,000 was used to fund payroll.

M2 inc is Existing or more than 2 years old

M2 INC

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

M2 INC

Borrower Address

12812 BRADYVILLE PIKE

Borrower City

READYVILLE

Borrower State

TN

Borrower Zip

37149-4804

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51000.00

Current Approval Amount

51000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

READYVILLE

Project County Name

RUTHERFORD

Project State

TN

Project Zip

37149-4804

CD

TN-04

Jobs Reported

4

NAICS Code

515210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

40000.00

Mortgage Interest Proceed

3000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

6000

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51677.17

Forgiveness Date

08/20/2021

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