PPP Loan information for Master transmission inc.

$77,500

Master transmission inc. was initially approved for PPP Loan of amount $77,500, the current approved amount is $77,500. The loan was approved on 02/03/2021 by The Readycap Lending, LLC reported 5 jobs and $77,500 was used to fund payroll.

Master transmission inc. is Existing or more than 2 years old

MASTER TRANSMISSION INC.

Date Approved

02/03/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MASTER TRANSMISSION INC.

Borrower Address

14805 S Robert Trl

Borrower City

Rosemount

Borrower State

MN

Borrower Zip

55068-3108

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

77500.00

Current Approval Amount

77500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rosemount

Project County Name

DAKOTA

Project State

MN

Project Zip

55068-3108

CD

MN-02

Jobs Reported

5

NAICS Code

811111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

77497.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

78079.66

Forgiveness Date

11/10/2021

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