PPP Loan information for Masters mechanical corporation

$319,100

Masters mechanical corporation was initially approved for PPP Loan of amount $319,100, the current approved amount is $319,100. The loan was approved on 04/07/2020 by The Truist Bank reported 26 jobs and $319,100 was used to fund payroll.

Masters mechanical corporation is Existing or more than 2 years old

MASTERS MECHANICAL CORPORATION

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MASTERS MECHANICAL CORPORATION

Borrower Address

803 Bluecrab Rd

Borrower City

NEWPORT NEWS

Borrower State

VA

Borrower Zip

23606-4220

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

319100.00

Current Approval Amount

319100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEWPORT NEWS

Project County Name

NEWPORT NEWS CITY

Project State

VA

Project Zip

23606-4220

CD

VA-03

Jobs Reported

26

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

319100.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

311057.63

Forgiveness Date

12/02/2020

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