# PPP loan: M MANAGEMENT INC.
> **$485K** approved 04/05/2020 · Paid in Full · Loan `5070397004`
## Borrower
- **Name:** M MANAGEMENT INC.
- **Address:** 215 Coles Street, JERSEY CITY, NJ, 07310-1301
- **NAICS:** 561110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $485K
- **Initial approval:** $4.86M
- **Forgiven:** $492K (101%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $364K
- **Utilities:** $121K
- **Jobs reported:** 30
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*