M.c.i. INC

$850,000 PPP Loan in Waite Park, Minnesota

Loan Details

Loan Number
4778257009
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$850,000
Current Approval
$850,000
Forgiveness Amount
$854,939
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
M.c.i. INC
Address
26 1st Ave N
ZIP Code
56387-1209
Business Type
Employee Stock Ownership Plan(esop)
Industry (NAICS)
Retail Trade (442210)
Business Age
Existing or more than 2 years old
Jobs Reported
67
Estimated Revenue
$12.1M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$668,000
Rent
$163,000
Utilities
$13,000
Mortgage Interest
$6,000

Lender Information

Servicing Lender
American National Bank of Minnesota
Originating Lender
American National Bank of Minnesota

Other PPP Loans in Waite Park, MN

BusinessApproved
Central Minnesota Mental Health Center$3,206,400NewBizBotAI Deep Dive
Mcdowall Company$2,674,500NewBizBotAI Deep Dive
Sci Hotels LLC$2,000,000NewBizBotAI Deep Dive
Sci Hotels, LLC$1,828,500NewBizBotAI Deep Dive
Ringneck Restaurants INC$1,786,138NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free