MLI Inc
MLI Inc is located in Rice, MN, and the SBA lists its industry as Electrical Contractors and Other Wiring Installation Contractors. It was approved for an SBA 7(a) loan of $1,248,900 for a change of ownership on February 29, 2024.
- Business type
- Corporation
- Business age reported
- Change of Ownership
SBA 7(a) loans, change of ownership
| Approved | Gross approval | SBA-guaranteed | Lender | Term | Rate | Jobs supported | Status |
|---|---|---|---|---|---|---|---|
| Feb 29, 2024 | $1,248,900 | $936,675 | The Bank of Elk River | 10 years | 10.5% variable | 22 | Status not reported (SBA exemption) |
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