7-M INC (TX) - 2020 PPP Loan Borrower Profile (# 2247587103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 7-M INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Texas.

Loan Detail

Loan Number

2247587103

SBA Office Code

0681

Processing Method

PPP

Curent Loan Amount

$27,200

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$27,381.33

Date Loan was Forgiven

Dec 17, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

3,400

Payroll Proced

20,400

Rent Proceed

3,400

Lender

Broadway National Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

236118

Borrower Location

BULVERDE, TX

Project Location

BULVERDE, TX

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.