# PPP loan: MMI INC
> **$160K** approved 01/19/2021 · Paid in Full · Loan `1709408310`
## Borrower
- **Name:** MMI INC
- **Address:** 1655 Market Dr, Stillwater, MN, 55082-7576
- **NAICS:** 323113
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $161K (101%)
- **Forgiveness date:** 10/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $160K
- **Utilities:** $1
- **Jobs reported:** 26
## Lender
- **Originating:** Lake Elmo Bank
- **Servicing:** Lake Elmo Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*