M & M Precision Machining, Inc
M & M Precision Machining, Inc is located in Big Lake, MN, and the SBA lists its industry as All Other Miscellaneous Manufacturing. It was approved for an SBA 504 loan ($4,027,000 SBA portion) on September 25, 2025 to finance real estate or equipment.
SBA 504 loan, approved Sep 25, 2025
- SBA (CDC) portion
- $4,027,000
- Bank portion
- $4,924,000
- Estimated project size
- $9,945,556 (estimated)
- Estimated owner equity
- $994,556 (estimated, about 10% of the project)
- Bank lender
- First Bank Elk River, Elk River, MN
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- September 25, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 16
- Business type
- Corporation
- NAICS
- 339999, All Other Miscellaneous Manufacturing
- Project location
- Sherburne County, MN
- SBA district office
- Minnesota District Office
- Congressional district
- MN-6
- Collateral
- Yes
Estimated share of project by source
Bank 50% SBA (CDC) 40% Owner 10%
- Larger than 71% of expansion loans in All Other Miscellaneous Manufacturing on this site.
- Average expansion loan in All Other Miscellaneous Manufacturing: $2,743,762.
- Average expansion loan in Minnesota: $2,136,981.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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Same industry in Minnesota
- Alderon Industries, LLC, Hawley