# PPP loan: M2 AMERICAN AUTO BROKERS LTD.
> **$458K** approved 04/15/2020 · Paid in Full · Loan `9958667101`
## Borrower
- **Name:** M2 AMERICAN AUTO BROKERS LTD.
- **Address:** 10750 Iota Dr, SAN ANTONIO, TX, 78217
- **NAICS:** 561110
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $458K
- **Initial approval:** $458K
- **Forgiven:** $463K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $343K
- **Rent:** $69K
- **Utilities:** $46K
- **Jobs reported:** 44
## Lender
- **Originating:** Texas Partners Bank
- **Servicing:** Texas Partners Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*