PPP Loan information for M & m bus service inc

$314,000

M & m bus service inc was initially approved for PPP Loan of amount $314,000, the current approved amount is $314,000. The loan was approved on 04/04/2020 by The Lake Central Bank reported 39 jobs and $314,000 was used to fund payroll.

M & m bus service inc is Existing or more than 2 years old

M & M BUS SERVICE INC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

M & M BUS SERVICE INC

Borrower Address

10606 HEMLOCK ST

Borrower City

ANNANDALE

Borrower State

MN

Borrower Zip

55302-3053

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

314000.00

Current Approval Amount

314000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36601

Servicing Lender Name

Lake Central Bank

Servicing Lender Address

40 Chestnut St W

Servicing Lender City

ANNANDALE

Servicing Lender State

MN

Servicing Lender Zip

55302

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANNANDALE

Project County Name

WRIGHT

Project State

MN

Project Zip

55302-3053

CD

MN-06

Jobs Reported

39

NAICS Code

485410

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

259000.00

Mortgage Interest Proceed

0.00

Rent Proceed

40000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36601

Originating Lender

Lake Central Bank

Originating Lender City

ANNANDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

316686.44

Forgiveness Date

02/17/2021

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