PPP Loan information for Mdb inc

$35,242

Mdb inc was initially approved for PPP Loan of amount $35,242, the current approved amount is $35,242. The loan was approved on 04/13/2020 by The Farmers State Bank reported 3 jobs and $35,242 was used to fund payroll.

Mdb inc is Existing or more than 2 years old

PPP Loan Search / IA / MASON CITY / Mdb inc

MDB INC

Date Approved

04/13/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MDB INC

Borrower Address

311 5TH ST SW

Borrower City

MASON CITY

Borrower State

IA

Borrower Zip

50401-3043

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

35241.52

Current Approval Amount

35241.52

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25044

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

99 N 7th St

Servicing Lender City

NORTHWOOD

Servicing Lender State

IA

Servicing Lender Zip

50459-1432

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MASON CITY

Project County Name

CERRO GORDO

Project State

IA

Project Zip

50401-3043

CD

IA-02

Jobs Reported

3

NAICS Code

811113

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

35241.52

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25044

Originating Lender

Farmers State Bank

Originating Lender City

NORTHWOOD

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32417.66

Forgiveness Date

11/09/2020

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