# PPP loan: MD DESIGNS INC.
> **$275K** approved 04/06/2020 · Paid in Full · Loan `6291617007`
## Borrower
- **Name:** MD DESIGNS INC.
- **Address:** 2601 Colt Road, SPRINGFIELD, IL, 62707-9782
- **NAICS:** 332999
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $275K
- **Initial approval:** $275K
- **Forgiven:** $277K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $275K
- **Jobs reported:** 30
## Lender
- **Originating:** Hickory Point Bank and Trust
- **Servicing:** Hickory Point Bank and Trust (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*