# PPP loan: M-PAK CONSTRUCTION, INC.
> **$152K** approved 04/08/2020 · Paid in Full · Loan `8706497010`
## Borrower
- **Name:** M-PAK CONSTRUCTION, INC.
- **Address:** 2948 RUGER DR, ROYSE CITY, TX, 75189-5771
- **NAICS:** 236210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $152K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $114K
- **Rent:** $19K
- **Utilities:** $19K
- **Jobs reported:** 8
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*