PPP Loan information for Msd sales, inc

$53,850

Msd sales, inc was initially approved for PPP Loan of amount $56,425, the current approved amount is $53,850. The loan was approved on 04/09/2020 by The Solon State Bank reported 4 jobs and $53,850 was used to fund payroll.

Msd sales, inc is Existing or more than 2 years old

PPP Loan Search / IA / MARION / Msd sales, inc

MSD SALES, INC

Date Approved

04/09/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MSD SALES, INC

Borrower Address

3100 c Ave Ext

Borrower City

MARION

Borrower State

IA

Borrower Zip

52302-9732

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56425.00

Current Approval Amount

53850.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25484

Servicing Lender Name

Solon State Bank

Servicing Lender Address

126 S Market St

Servicing Lender City

SOLON

Servicing Lender State

IA

Servicing Lender Zip

52333-8830

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

LINN

Project State

IA

Project Zip

52302-9732

CD

IA-02

Jobs Reported

4

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

51450.00

Mortgage Interest Proceed

0.00

Rent Proceed

2400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25484

Originating Lender

Solon State Bank

Originating Lender City

SOLON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

54264.35

Forgiveness Date

01/20/2021

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