Metal Design Systems INC

$1,094,967 PPP Loan in Cedar Rapids, Iowa

Loan Details

Loan Number
3623378301
Date Approved
Jan 22, 2021
Loan Status
Paid in Full
Initial Approval
$1,094,967
Current Approval
$1,094,967
Forgiveness Amount
$1,099,134
Forgiveness Date
Jun 15, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Metal Design Systems INC
Address
4150 C St SW
State
Iowa
ZIP Code
52404-7451
Business Type
Corporation
Industry (NAICS)
Manufacturing (332311)
Business Age
Existing or more than 2 years old
Jobs Reported
97
Estimated Revenue
$23.7M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$1,094,965
Utilities
$1

Lender Information

Servicing Lender
Farmers & Merchants Savings Bank
Originating Lender
Farmers & Merchants Savings Bank

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