M&m Precision Machining, Inc.

$371,100 PPP Loan in Elk River, Minnesota

Loan Details

Loan Number
7988667005
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$371,100
Current Approval
$371,100
Forgiveness Amount
$374,244
Forgiveness Date
Feb 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
M&m Precision Machining, Inc.
Address
12797 Meadowvale Rd NW
ZIP Code
55330-1171
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$9.5M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$278,325
Rent
$74,220
Utilities
$18,555

Lender Information

Servicing Lender
First Bank Elk River
Originating Lender
First Bank Elk River

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