Mly Investments, LLC

$594,277 PPP Loan in Cedar Rapids, Iowa

Loan Details

Loan Number
5809587001
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$594,277
Current Approval
$594,277
Forgiveness Amount
$600,024
Forgiveness Date
Apr 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mly Investments, LLC
Address
1241 Park Pl NE Ste a
State
Iowa
ZIP Code
52402-2018
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Freddy's Frozen Custard & Steakburgers
Business Age
Existing or more than 2 years old
Jobs Reported
81
Estimated Revenue
$14.4M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$475,422
Rent
$79,972
Utilities
$27,000
Health Care
$11,883

Lender Information

Servicing Lender
Lincoln Savings Bank
Originating Lender
Lincoln Savings Bank

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