PPP Loan information for Master trade services inc

$162,000

Master trade services inc was initially approved for PPP Loan of amount $162,000, the current approved amount is $162,000. The loan was approved on 04/07/2020 by The Deerwood Bank reported 16 jobs and $162,000 was used to fund payroll.

Master trade services inc is New Business or 2 years or less

PPP Loan Search / MN / WAITE PARK / Master trade services inc

MASTER TRADE SERVICES INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MASTER TRADE SERVICES INC

Borrower Address

175 7th Ave S

Borrower City

WAITE PARK

Borrower State

MN

Borrower Zip

56387-1150

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

162000.00

Current Approval Amount

162000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36772

Servicing Lender Name

Deerwood Bank

Servicing Lender Address

131 6th Ave South, Ste 100

Servicing Lender City

WAITE PARK

Servicing Lender State

MN

Servicing Lender Zip

56387-1360

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

WAITE PARK

Project County Name

STEARNS

Project State

MN

Project Zip

56387-1150

CD

MN-06

Jobs Reported

16

NAICS Code

811490

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1400.00

Payroll Proceed

122500.00

Mortgage Interest Proceed

0.00

Rent Proceed

18400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

19700.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36772

Originating Lender

Deerwood Bank

Originating Lender City

WAITE PARK

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

163390.50

Forgiveness Date

02/19/2021

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