PPP Loan information for M & m lumber, inc

$81,000

M & m lumber, inc was initially approved for PPP Loan of amount $81,000, the current approved amount is $81,000. The loan was approved on 04/09/2020 by The Magnifi Financial CU reported 12 jobs and $81,000 was used to fund payroll.

M & m lumber, inc is Existing or more than 2 years old

PPP Loan Search / MN / PAYNESVILLE / M & m lumber, inc

M & M LUMBER, INC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

M & M LUMBER, INC

Borrower Address

28584 E STATE HIGHWAY 55

Borrower City

PAYNESVILLE

Borrower State

MN

Borrower Zip

56362-9446

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81000.00

Current Approval Amount

81000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PAYNESVILLE

Project County Name

STEARNS

Project State

MN

Project Zip

56362-9446

CD

MN-07

Jobs Reported

12

NAICS Code

444110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

65000.00

Mortgage Interest Proceed

3000.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

81501.53

Forgiveness Date

11/27/2020

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