# PPP loan: MDS FOODS INC
> **$773K** approved 04/10/2020 · Paid in Full · Loan `1470477103`
## Borrower
- **Name:** MDS FOODS INC
- **Address:** 4676 Erie St S 0.0, navarre, OH, 44662-9658
- **NAICS:** 311513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $773K
- **Initial approval:** $773K
- **Forgiven:** $782K (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $610K
- **Rent:** $3K
- **Mortgage interest:** $46K
- **Utilities:** $39K
- **Health care:** $44K
- **Debt interest:** $30K
- **Jobs reported:** 72
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*