# PPP loan: MLS DIRECT NETWORK, INC.
> **$940K** approved 04/11/2020 · Paid in Full · Loan `2783817104`
## Borrower
- **Name:** MLS DIRECT NETWORK, INC.
- **Address:** 1754 BAGDAD RD, CEDAR PARK, TX, 78613-0044
- **NAICS:** 522320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $940K
- **Initial approval:** $940K
- **Forgiven:** $267K (28%)
- **Forgiveness date:** 10/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $705K
- **Rent:** $117K
- **Utilities:** $117K
- **Jobs reported:** 135
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*