# PPP loan: MSI MOLD BILDERS - SE. INC.
> **$1.50M** approved 04/04/2020 · Paid in Full · Loan `4800817008`
## Borrower
- **Name:** MSI MOLD BILDERS - SE. INC.
- **Address:** 12300 6th St SW, CEDAR RAPIDS, IA, 52404-9141
- **NAICS:** 326121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.50M
- **Initial approval:** $1.50M
- **Forgiven:** $1.51M (101%)
- **Forgiveness date:** 01/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.12M
- **Rent:** $93K
- **Mortgage interest:** $93K
- **Utilities:** $93K
- **Debt interest:** $93K
- **Jobs reported:** 93
## Lender
- **Originating:** MidWestOne Bank
- **Servicing:** MidWestOne Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*