# PPP loan: M13 INC
> **$425K** approved 04/09/2020 · Paid in Full · Loan `9240927010`
## Borrower
- **Name:** M13 INC
- **Address:** 1300 Basswood Rd Ste 100, SCHAUMBURG, IL, 60173-4522
- **NAICS:** 323113
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $425K
- **Initial approval:** $500K
- **Forgiven:** $430K (101%)
- **Forgiveness date:** 09/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $425K
- **Jobs reported:** 38
## Lender
- **Originating:** Byline Bank
- **Servicing:** Byline Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*