Mmi, INC

$160,157 PPP Loan in Stillwater, Minnesota

Loan Details

Loan Number
1684167110
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$160,157
Current Approval
$160,157
Forgiveness Amount
$161,903
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mmi, INC
Address
1655 Market Dr
ZIP Code
55082-7576
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (323113)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-04

Loan Use Breakdown

Payroll
$121,157
Rent
$16,000
Utilities
$11,000
Health Care
$9,000
Debt Interest
$3,000

Lender Information

Servicing Lender
Lake Elmo Bank
Originating Lender
Lake Elmo Bank

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