In this paper, some mixed type bounds on the spectral radius $\rho(A\circ B)$ for the Hadamard product of two nonnegative matrices ($A$ and $B$) and the minimum eigenvalue $\tau(C\star D)$ of the Fan product of two $M$-matrices ($C$ and $D$) are researched. These bounds complement some corresponding results on the simple type bounds. In addition, a new lower bound on the minimum eigenvalue of the Fan product of several $M$-matrices is also presented: $$ \tau(A_{1}\star A_{2}\cdots\star A_{m})\geq \min_{1\leq i\leq n}\{\prod^{m}_{k=1}A_{k}(i,i)-\prod^{m}_{k=1}[A_{k}(i,i)^{P_{k}}-\tau(A_{k}^{(P_{k})})]^\frac{1}{P_{k}}\}, $$ where $A_{1},\ldots, A_{k}$ are $n\times n$ $M$-matrices and $P_{1},\ldots, P_{k}>0$ satisfy $\sum^{m}_{k=1}\frac{1}{P_{k}}\geq 1$. Some special cases of the above result and numerical examples show that this new bound improves some existing results.