PPP Loan information for M&m precision machining, inc.

$371,100

M&m precision machining, inc. was initially approved for PPP Loan of amount $371,100, the current approved amount is $371,100. The loan was approved on 04/08/2020 by The First Bank Elk River reported 39 jobs and $371,100 was used to fund payroll.

M&m precision machining, inc. is Existing or more than 2 years old

PPP Loan Search / MN / ELK RIVER / M&m precision machining, inc.

M&M PRECISION MACHINING, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

M&M PRECISION MACHINING, INC.

Borrower Address

12797 MEADOWVALE RD NW

Borrower City

ELK RIVER

Borrower State

MN

Borrower Zip

55330-1171

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

371100.00

Current Approval Amount

371100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38033

Servicing Lender Name

First Bank Elk River

Servicing Lender Address

812 Main St NW

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1575

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK RIVER

Project County Name

SHERBURNE

Project State

MN

Project Zip

55330-1171

CD

MN-06

Jobs Reported

39

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

18555.00

Payroll Proceed

278325.00

Mortgage Interest Proceed

0.00

Rent Proceed

74220.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38033

Originating Lender

First Bank Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

374244.04

Forgiveness Date

02/17/2021

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