# PPP loan: MNR INDUSTRIES LLC
> **$5.17M** approved 04/05/2020 · Paid in Full · Loan `5542127003`
## Borrower
- **Name:** MNR INDUSTRIES LLC
- **Address:** 5 BEL AIR SOUTH PKWY, BEL AIR, MD, 21015-3800
- **NAICS:** 621498
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.17M
- **Initial approval:** $5.17M
- **Forgiven:** $5.23M (101%)
- **Forgiveness date:** 06/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.10M
- **Rent:** $791K
- **Utilities:** $78K
- **Health care:** $206K
- **Jobs reported:** 444
## Lender
- **Originating:** Sandy Spring Bank
- **Servicing:** Sandy Spring Bank (MD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*