M & M Lumber, INC

$81,000 PPP Loan in Paynesville, Minnesota

Loan Details

Loan Number
9444137000
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$81,000
Current Approval
$81,000
Forgiveness Amount
$81,502
Forgiveness Date
Nov 27, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
M & M Lumber, INC
Address
28584 E State Highway 55
ZIP Code
56362-9446
Business Type
Corporation
Industry (NAICS)
Retail Trade (444110)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$65,000
Rent
$10,000
Utilities
$3,000
Mortgage Interest
$3,000

Lender Information

Servicing Lender
Magnifi Financial Cu
Originating Lender
Magnifi Financial Cu

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