PPP Loan information for Master packing and rubber company

$272,200

Master packing and rubber company was initially approved for PPP Loan of amount $272,200, the current approved amount is $272,200. The loan was approved on 01/31/2021 by The Farmers State Bank reported 19 jobs and $272,200 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

01/31/2021

SBA Office Code

0736

Processing Method

PPS

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

01/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

272200.00

Current Approval Amount

272200.00

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

19

NAICS Code

339991

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

272200.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

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

274634.68

Forgiveness Date

12/22/2021

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