PPP Loan information for Mmi, inc

$160,157

Mmi, inc was initially approved for PPP Loan of amount $160,157, the current approved amount is $160,157. The loan was approved on 04/10/2020 by The Lake Elmo Bank reported 3 jobs and $160,157 was used to fund payroll.

Mmi, inc is Existing or more than 2 years old

MMI, INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MMI, INC

Borrower Address

1655 MARKET DR

Borrower City

STILLWATER

Borrower State

MN

Borrower Zip

55082-7576

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

160157.00

Current Approval Amount

160157.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38298

Servicing Lender Name

Lake Elmo Bank

Servicing Lender Address

11465 39th St N

Servicing Lender City

LAKE ELMO

Servicing Lender State

MN

Servicing Lender Zip

55042-7525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STILLWATER

Project County Name

WASHINGTON

Project State

MN

Project Zip

55082-7576

CD

MN-04

Jobs Reported

3

NAICS Code

323113

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11000.00

Payroll Proceed

121157.00

Mortgage Interest Proceed

0.00

Rent Proceed

16000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9000.00

Debt Interest Proceed

3000

Business Type

Subchapter S Corporation

Originating Lender Location Id

38298

Originating Lender

Lake Elmo Bank

Originating Lender City

LAKE ELMO

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

161903.37

Forgiveness Date

05/21/2021

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