# PPP loan: M2 TECHNOLOGY, INC.
> **$496K** approved 04/11/2020 · Paid in Full · Loan `3628707100`
## Borrower
- **Name:** M2 TECHNOLOGY, INC.
- **Address:** 21702 Hardy Oak, SAN ANTONIO, TX, 78258-4833
- **NAICS:** 541519
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $496K
- **Initial approval:** $496K
- **Forgiven:** $502K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $477K
- **Rent:** $19K
- **Utilities:** $1K
- **Jobs reported:** 20
## Lender
- **Originating:** Texas Capital Bank
- **Servicing:** Texas Capital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*