# PPP loan: MDS COMMUNICATIONS CORPORATION
> **$1.86M** approved 04/16/2020 · Paid in Full · Loan `2891377209`
## Borrower
- **Name:** MDS COMMUNICATIONS CORPORATION
- **Address:** 545 W Juanita Ave, Mesa, AZ, 85210
- **NAICS:** 561422
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.86M
- **Initial approval:** $1.86M
- **Forgiven:** $1.89M (101%)
- **Forgiveness date:** 07/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.70M
- **Rent:** $65K
- **Utilities:** $10K
- **Health care:** $90K
- **Jobs reported:** 355
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*