PPP Loan information for Md products and solutions inc

$163,800

Md products and solutions inc was initially approved for PPP Loan of amount $163,800, the current approved amount is $163,800. The loan was approved on 04/27/2020 by The Northwest Bank reported 24 jobs and $163,800 was used to fund payroll.

Md products and solutions inc is Existing or more than 2 years old

MD PRODUCTS AND SOLUTIONS INC

Date Approved

04/27/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MD PRODUCTS AND SOLUTIONS INC

Borrower Address

2421 15th St SW

Borrower City

MASON CITY

Borrower State

IA

Borrower Zip

50401

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

163800.00

Current Approval Amount

163800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MASON CITY

Project County Name

CERRO GORDO

Project State

IA

Project Zip

50401-0001

CD

IA-02

Jobs Reported

24

NAICS Code

333111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

765.00

Payroll Proceed

131035.00

Mortgage Interest Proceed

0.00

Rent Proceed

32000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

164723.65

Forgiveness Date

11/23/2020

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