# PPP loan: MEI, INC.
> **$1.61M** approved 04/05/2020 · Paid in Full · Loan `5098607008`
## Borrower
- **Name:** MEI, INC.
- **Address:** 1911 E Division Street, ARLINGTON, TX, 76011-7813
- **NAICS:** 423990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.61M
- **Initial approval:** $1.61M
- **Forgiven:** $1.63M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.61M
- **Jobs reported:** 143
## Lender
- **Originating:** Susser Bank
- **Servicing:** Susser Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*