# PPP loan: MID-MINNESOTA HOT MIX INC
> **$262K** approved 04/05/2020 · Paid in Full · Loan `5496297006`
## Borrower
- **Name:** MID-MINNESOTA HOT MIX INC
- **Address:** 12128 State Highway 55 NW PO BOX 239, ANNANDALE, MN, 55302-0239
- **NAICS:** 237990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $262K
- **Initial approval:** $262K
- **Forgiven:** $265K (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $243K
- **Rent:** $5K
- **Utilities:** $13K
- **Jobs reported:** 17
## Lender
- **Originating:** Lake Central Bank
- **Servicing:** Lake Central Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*