M2x Energy Incorporated

$829,200 PPP Loan in Marion, Iowa

Loan Details

Loan Number
4840947006
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$829,200
Current Approval
$829,200
Forgiveness Amount
$836,340
Forgiveness Date
Feb 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
M2x Energy Incorporated
Address
107 35th St
City
Marion
State
Iowa
ZIP Code
52302-3811
Business Type
Corporation
Industry (NAICS)
Construction (238310)
Business Age
Existing or more than 2 years old
Jobs Reported
61
Estimated Revenue
$15.4M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$829,200

Lender Information

Servicing Lender
Cedar Rapids Bank and Trust Company
Originating Lender
Cedar Rapids Bank and Trust Company

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