PPP Loan information for Mudd, inc

$1,851,000

Mudd, inc was initially approved for PPP Loan of amount $1,851,000, the current approved amount is $1,851,000. The loan was approved on 04/10/2020 by The MidWestOne Bank reported 130 jobs and $1,851,000 was used to fund payroll.

Mudd, inc is Existing or more than 2 years old

MUDD, INC

Date Approved

04/10/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MUDD, INC

Borrower Address

915 Technology Parkway

Borrower City

CEDAR FALLS

Borrower State

IA

Borrower Zip

50613-6938

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1851000.00

Current Approval Amount

1851000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDAR FALLS

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50613-6938

CD

IA-02

Jobs Reported

130

NAICS Code

541810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

115687.50

Payroll Proceed

1388250.00

Mortgage Interest Proceed

115687.50

Rent Proceed

115687.50

Refinance EIDL Proceed

0.00

Health Care Proceed

115687.50

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1863340.00

Forgiveness Date

12/17/2020

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