PPP Loan information for Master packing and rubber company

$264,100

Master packing and rubber company was initially approved for PPP Loan of amount $264,100, the current approved amount is $264,100. The loan was approved on 04/06/2020 by The Farmers State Bank reported 21 jobs and $264,100 was used to fund payroll.

Master packing and rubber company is Existing or more than 2 years old

PPP Loan Search / IA / CEDAR RAPIDS / Master packing and rubber company

MASTER PACKING AND RUBBER COMPANY

Date Approved

04/06/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MASTER PACKING AND RUBBER COMPANY

Borrower Address

6430 4TH ST SW

Borrower City

CEDAR RAPIDS

Borrower State

IA

Borrower Zip

52404-4760

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

264100.00

Current Approval Amount

264100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25235

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

1240 8th Ave

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3504

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDAR RAPIDS

Project County Name

LINN

Project State

IA

Project Zip

52404-4760

CD

IA-02

Jobs Reported

21

NAICS Code

339991

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

215000.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

16000.00

Debt Interest Proceed

3100

Business Type

Corporation

Originating Lender Location Id

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

266300.83

Forgiveness Date

02/11/2021

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