PPP Loan information for Master craft labels inc

$291,742

Master craft labels inc was initially approved for PPP Loan of amount $291,742, the current approved amount is $291,742. The loan was approved on 04/28/2020 by The Tradition Capital Bank reported 18 jobs and $291,742 was used to fund payroll.

Master craft labels inc is Existing or more than 2 years old

MASTER CRAFT LABELS INC

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MASTER CRAFT LABELS INC

Borrower Address

7478 WASHINGTON AVE South

Borrower City

EDEN PRAIRIE

Borrower State

MN

Borrower Zip

55344-3704

Loan Status Date

06/03/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

291742.00

Current Approval Amount

291742.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434701

Servicing Lender Name

Tradition Capital Bank

Servicing Lender Address

100 West Lake St

Servicing Lender City

WAYZATA

Servicing Lender State

MN

Servicing Lender Zip

55391

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EDEN PRAIRIE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55344-3704

CD

MN-03

Jobs Reported

18

NAICS Code

323120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14587.00

Payroll Proceed

218807.00

Mortgage Interest Proceed

0.00

Rent Proceed

58348.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

434701

Originating Lender

Tradition Capital Bank

Originating Lender City

WAYZATA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

293748.23

Forgiveness Date

01/08/2021

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