PPP Loan information for Loadmaster corporation

$793,600

Loadmaster corporation was initially approved for PPP Loan of amount $793,600, the current approved amount is $793,600. The loan was approved on 04/13/2020 by The Range Bank reported 94 jobs and $793,600 was used to fund payroll.

Loadmaster corporation is Existing or more than 2 years old

PPP Loan Search / MI / NORWAY / Loadmaster corporation

LOADMASTER CORPORATION

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LOADMASTER CORPORATION

Borrower Address

100 9TH AVE

Borrower City

NORWAY

Borrower State

MI

Borrower Zip

49870-1107

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

793600.00

Current Approval Amount

793600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36168

Servicing Lender Name

Range Bank

Servicing Lender Address

100 N Front St

Servicing Lender City

MARQUETTE

Servicing Lender State

MI

Servicing Lender Zip

49855-4303

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORWAY

Project County Name

DICKINSON

Project State

MI

Project Zip

49870-1107

CD

MI-01

Jobs Reported

94

NAICS Code

562212

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

119100.00

Payroll Proceed

635000.00

Mortgage Interest Proceed

9500.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

25500.00

Debt Interest Proceed

4500

Business Type

Corporation

Originating Lender Location Id

36168

Originating Lender

Range Bank

Originating Lender City

MARQUETTE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

798818.19

Forgiveness Date

12/17/2020

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