SBA lending record
MLI Inc
340 1ST AVE SE, Rice, MN 56367 · Electrical Contractors and Other Wiring Installation Contrac. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.3M
Total SBA financing
2
Loans on record
FY2024
On record
44
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is MLI Inc your business?
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All 2 loans
$95,000 — FY2024
Loan 1 of 2- Gross approval
- $95,000
- SBA guaranteed
- $47,500 (50%)
- Status
- Current
- Rate at approval
- 10.5% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 2/29/2024
- First disbursement
- 5/29/2025
- Days to fund
- 455 days
- Collateral
- Required
- Jobs supported
- 22
The lender
The Bank of Elk River
2 loans to this businessFull SBA lending record + branches on the lender page →Is MLI Inc your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with MLI Inc.