PPP Loan information for Mds manufacturing inc

$710,968

Mds manufacturing inc was initially approved for PPP Loan of amount $710,968, the current approved amount is $710,968. The loan was approved on 04/06/2020 by The Farmers State Bank reported 70 jobs and $710,968 was used to fund payroll.

Mds manufacturing inc is Existing or more than 2 years old

PPP Loan Search / SD / PARKSTON / Mds manufacturing inc

MDS MANUFACTURING INC

Date Approved

04/06/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

MDS MANUFACTURING INC

Borrower Address

1301 S SD HIGHWAY 37

Borrower City

PARKSTON

Borrower State

SD

Borrower Zip

57366-2124

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

710967.50

Current Approval Amount

710967.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66556

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

103 W Main St

Servicing Lender City

PARKSTON

Servicing Lender State

SD

Servicing Lender Zip

57366

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PARKSTON

Project County Name

HUTCHINSON

Project State

SD

Project Zip

57366-2124

CD

SD-

Jobs Reported

70

NAICS Code

333111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

651995.62

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

58971.88

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

66556

Originating Lender

Farmers State Bank

Originating Lender City

PARKSTON

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

717122.73

Forgiveness Date

02/19/2021

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