# PPP loan: MULTIMEDIA SOLUTIONS, INC.
> **$1.20M** approved 04/06/2020 · Paid in Full · Loan `5989567002`
## Borrower
- **Name:** MULTIMEDIA SOLUTIONS, INC.
- **Address:** 2030 DIPLOMAT DR, Farmers Branch, TX, 75234-8918
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.20M
- **Initial approval:** $1.20M
- **Forgiven:** $1.21M (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $961K
- **Rent:** $53K
- **Utilities:** $172K
- **Debt interest:** $15K
- **Jobs reported:** 110
## Lender
- **Originating:** Texas Security Bank
- **Servicing:** Texas Security Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*