Mon-Ray Inc.

$567,103 PPP Loan in Hopkins, Minnesota

Loan Details

Loan Number
3026698403
Date Approved
Feb 4, 2021
Loan Status
Paid in Full
Initial Approval
$567,103
Current Approval
$567,103
Forgiveness Amount
$569,639
Forgiveness Date
Aug 4, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Mon-Ray Inc.
Address
7900 Excelsior Blvd Ste 140
ZIP Code
55343-3454
Business Type
Corporation
Industry (NAICS)
Manufacturing (332321)
Business Age
Existing or more than 2 years old
Jobs Reported
61
Estimated Revenue
$14.9M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$567,100
Utilities
$1

Lender Information

Servicing Lender
Home Federal Savings Bank
Originating Lender
Home Federal Savings Bank

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