# PPP loan: M2 SYSTEMS CORPORATION
> **$296K** approved 08/03/2020 · Charged Off · Loan `2970468206`
## Borrower
- **Name:** M2 SYSTEMS CORPORATION
- **Address:** 600 Northlake Blvd. Suite 230, ALTAMONTE SPRINGS, FL, 32701-6108
- **NAICS:** 511210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $296K
- **Initial approval:** $296K
- **Status:** Charged Off
- **Term:** 38 months
## Use of funds
- **Payroll:** $251K
- **Rent:** $46K
- **Jobs reported:** 17
## 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*