# PPP loan: MATRIX NETWORK INC.
> **$284K** approved 05/01/2020 · Paid in Full · Loan `1301907710`
## Borrower
- **Name:** MATRIX NETWORK INC.
- **Address:** 850 FREEPORT PKWY SUITE 100, COPPELL, TX, 75019
- **NAICS:** 423690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $284K
- **Initial approval:** $284K
- **Forgiven:** $287K (101%)
- **Forgiveness date:** 06/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $218K
- **Rent:** $43K
- **Utilities:** $7K
- **Health care:** $17K
- **Jobs reported:** 160
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*