Metal Design Systems, Inc.

$1,094,900 PPP Loan in Cedar Rapids, Iowa

Loan Details

Loan Number
5624447009
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,094,900
Current Approval
$1,094,900
Forgiveness Amount
$1,101,013
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First 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
$1,094,900

Lender Information

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

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