PPP Loan information for Mdq inc

$57,500

Mdq inc was initially approved for PPP Loan of amount $57,500, the current approved amount is $57,500. The loan was approved on 04/05/2020 by The FM Bank reported 20 jobs and $57,500 was used to fund payroll.

Mdq inc is Existing or more than 2 years old

PPP Loan Search / MN / MARSHALL / Mdq inc

MDQ INC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MDQ INC

Borrower Address

1206 E COLLEGE DR

Borrower City

MARSHALL

Borrower State

MN

Borrower Zip

56258-2010

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57500.00

Current Approval Amount

57500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38192

Servicing Lender Name

FM Bank

Servicing Lender Address

702 Prentice St

Servicing Lender City

GRANITE FALLS

Servicing Lender State

MN

Servicing Lender Zip

56241-1541

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARSHALL

Project County Name

LYON

Project State

MN

Project Zip

56258-2010

CD

MN-07

Jobs Reported

20

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6175.00

Payroll Proceed

45750.00

Mortgage Interest Proceed

5575.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38192

Originating Lender

FM Bank

Originating Lender City

GRANITE FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

57919.04

Forgiveness Date

01/07/2021

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