PPP Loan information for M3 design, inc.

$500,000

M3 design, inc. was initially approved for PPP Loan of amount $629,500, the current approved amount is $500,000. The loan was approved on 04/14/2020 by The VeraBank, National Association reported 25 jobs and $500,000 was used to fund payroll.

M3 design, inc. is Existing or more than 2 years old

PPP Loan Search / TX / ROUND ROCK / M3 design, inc.

M3 DESIGN, INC.

Date Approved

04/14/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

M3 DESIGN, INC.

Borrower Address

575 ROUND ROCK WEST DR

Borrower City

ROUND ROCK

Borrower State

TX

Borrower Zip

78681-5000

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

629500.00

Current Approval Amount

500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

70109

Servicing Lender Name

VeraBank, National Association

Servicing Lender Address

201 W Main St

Servicing Lender City

HENDERSON

Servicing Lender State

TX

Servicing Lender Zip

75652-3106

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROUND ROCK

Project County Name

WILLIAMSON

Project State

TX

Project Zip

78681-5000

CD

TX-31

Jobs Reported

25

NAICS Code

541330

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

500000.00

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

Subchapter S Corporation

Originating Lender Location Id

70109

Originating Lender

VeraBank, National Association

Originating Lender City

HENDERSON

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

503791.67

Forgiveness Date

01/25/2021

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