MD Products and Solutions INC

$163,800 PPP Loan in Mason City, Iowa

Loan Details

Loan Number
6267187205
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$163,800
Current Approval
$163,800
Forgiveness Amount
$164,724
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
MD Products and Solutions INC
Address
2421 15th St SW
State
Iowa
ZIP Code
50401
Business Type
Corporation
Industry (NAICS)
Manufacturing (333111)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$6.3M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$131,035
Rent
$32,000
Utilities
$765

Lender Information

Servicing Lender
Northwest Bank
Originating Lender
Northwest Bank

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