# PPP loan: MCSOIFERS INC.
> **$1.65M** approved 04/03/2020 · Paid in Full · Loan `4435017005`
## Borrower
- **Name:** MCSOIFERS INC.
- **Address:** 1010 S Grand Ave Ste 4, CHARLES CITY, IA, 50616-3729
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.65M
- **Initial approval:** $1.65M
- **Forgiven:** $1.66M (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.65M
- **Jobs reported:** 250
## Lender
- **Originating:** First Citizens Bank
- **Servicing:** First Citizens Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*