PPP Loan information for M-profit inc

$88,900

M-profit inc was initially approved for PPP Loan of amount $88,900, the current approved amount is $88,900. The loan was approved on 04/13/2020 by The Independent Bank reported 6 jobs and $88,900 was used to fund payroll.

M-profit inc is Existing or more than 2 years old

M-PROFIT INC

Date Approved

04/13/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

M-PROFIT INC

Borrower Address

756 East Jones Street

Borrower City

Lewisville

Borrower State

TX

Borrower Zip

75057-2619

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88900.00

Current Approval Amount

88900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68987

Servicing Lender Name

Independent Bank

Servicing Lender Address

3090 Craig Dr

Servicing Lender City

MCKINNEY

Servicing Lender State

TX

Servicing Lender Zip

75070-4352

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lewisville

Project County Name

DENTON

Project State

TX

Project Zip

75057-2619

CD

TX-26

Jobs Reported

6

NAICS Code

541618

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1300.00

Payroll Proceed

80694.00

Mortgage Interest Proceed

0.00

Rent Proceed

6906.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

68987

Originating Lender

Independent Bank

Originating Lender City

MCKINNEY

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

89724.79

Forgiveness Date

03/25/2021

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