PPP Loan information for M.c.i. inc

$850,000

M.c.i. inc was initially approved for PPP Loan of amount $850,000, the current approved amount is $850,000. The loan was approved on 04/04/2020 by The American National Bank of Minnesota reported 67 jobs and $850,000 was used to fund payroll.

M.c.i. inc is Existing or more than 2 years old

PPP Loan Search / MN / WAITE PARK / M.c.i. inc

M.C.I. INC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

M.C.I. INC

Borrower Address

26 1ST AVE N

Borrower City

WAITE PARK

Borrower State

MN

Borrower Zip

56387-1209

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

850000.00

Current Approval Amount

850000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117900

Servicing Lender Name

American National Bank of Minnesota

Servicing Lender Address

7638 Woida Rd

Servicing Lender City

BAXTER

Servicing Lender State

MN

Servicing Lender Zip

56425-8730

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WAITE PARK

Project County Name

STEARNS

Project State

MN

Project Zip

56387-1209

CD

MN-06

Jobs Reported

67

NAICS Code

442210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13000.00

Payroll Proceed

668000.00

Mortgage Interest Proceed

6000.00

Rent Proceed

163000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

117900

Originating Lender

American National Bank of Minnesota

Originating Lender City

BAXTER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

844853.33

Forgiveness Date

11/03/2020

;