# PPP loan: MI9 INC.
> **$5.16M** approved 04/30/2020 · Paid in Full · Loan `7575217306`
## Borrower
- **Name:** MI9 INC.
- **Address:** 12000 Biscayne Blvd, Suite 600, Miami, FL, 33181
- **NAICS:** 511210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.16M
- **Initial approval:** $5.16M
- **Forgiven:** $5.22M (101%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.76M
- **Mortgage interest:** $400K
- **Jobs reported:** 180
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*