PPP Loan information for Mly investments, llc

$594,277

Mly investments, llc was initially approved for PPP Loan of amount $594,277, the current approved amount is $594,277. The loan was approved on 04/06/2020 by The Lincoln Savings Bank reported 81 jobs and $594,277 was used to fund payroll.

Mly investments, llc is Existing or more than 2 years old

PPP Loan Search / IA / CEDAR RAPIDS / Mly investments, llc

MLY INVESTMENTS, LLC

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MLY INVESTMENTS, LLC

Borrower Address

1241 PARK PL NE STE A

Borrower City

CEDAR RAPIDS

Borrower State

IA

Borrower Zip

52402-2018

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

594277.00

Current Approval Amount

594277.00

Undisbursed Amount

0.00

Franchise Name

Freddy's Frozen Custard & Steakburgers

Servicing Lender Location Id

25416

Servicing Lender Name

Lincoln Savings Bank

Servicing Lender Address

508 Main Street PO Box E

Servicing Lender City

Reinbeck

Servicing Lender State

IA

Servicing Lender Zip

50669

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDAR RAPIDS

Project County Name

LINN

Project State

IA

Project Zip

52402-2018

CD

IA-02

Jobs Reported

81

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

27000.00

Payroll Proceed

475422.00

Mortgage Interest Proceed

0.00

Rent Proceed

79972.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11883.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

25416

Originating Lender

Lincoln Savings Bank

Originating Lender City

Reinbeck

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

600024.39

Forgiveness Date

04/12/2021

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