PPP Loan information for Mds communications corporation

$1,865,000

Mds communications corporation was initially approved for PPP Loan of amount $1,865,000, the current approved amount is $1,865,000. The loan was approved on 04/16/2020 by The JPMorgan Chase Bank, National Association reported 355 jobs and $1,865,000 was used to fund payroll.

Mds communications corporation is Existing or more than 2 years old

MDS COMMUNICATIONS CORPORATION

Date Approved

04/16/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

MDS COMMUNICATIONS CORPORATION

Borrower Address

545 W Juanita Ave

Borrower City

Mesa

Borrower State

AZ

Borrower Zip

85210

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1865000.00

Current Approval Amount

1865000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Mesa

Project County Name

MARICOPA

Project State

AZ

Project Zip

85210-0100

CD

AZ-04

Jobs Reported

355

NAICS Code

561422

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

1700000.00

Mortgage Interest Proceed

0.00

Rent Proceed

65000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

90000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1887643.17

Forgiveness Date

07/08/2021

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