# PPP loan: MLM INC
> **$196K** approved 04/15/2020 · Paid in Full · Loan `8669237100`
## Borrower
- **Name:** MLM INC
- **Address:** 500 South Market Street, Frederick, MD, 21701
- **NAICS:** 453998
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $196K
- **Initial approval:** $196K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $185K
- **Rent:** $2K
- **Utilities:** $3K
- **Health care:** $7K
- **Debt interest:** $600
- **Jobs reported:** 15
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*