PPP Loan information for Masters bros inc - mab5857

$418,885

Masters bros inc - mab5857 was initially approved for PPP Loan of amount $418,885, the current approved amount is $418,885. The loan was approved on 02/26/2021 by The Busey Bank reported 34 jobs and $418,885 was used to fund payroll.

Masters bros inc - mab5857 is Existing or more than 2 years old

MASTERS BROS INC - MAB5857

Date Approved

02/26/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MASTERS BROS INC - MAB5857

Borrower Address

4109 Wicker Rd

Borrower City

Bloomington

Borrower State

IL

Borrower Zip

61704-5368

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

418885.00

Current Approval Amount

418885.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bloomington

Project County Name

MCLEAN

Project State

IL

Project Zip

61704-5368

CD

IL-16

Jobs Reported

34

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

418883.00

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

Subchapter S Corporation

Originating Lender Location Id

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

421708.17

Forgiveness Date

11/03/2021

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