PPP Loan information for Master electric inc

$42,355

Master electric inc was initially approved for PPP Loan of amount $42,355, the current approved amount is $42,355. The loan was approved on 04/16/2020 by The First Interstate Bank reported 5 jobs and $42,355 was used to fund payroll.

Master electric inc is Existing or more than 2 years old

MASTER ELECTRIC INC

Date Approved

04/16/2020

SBA Office Code

1087

Processing Method

PPP

Borrower Name

MASTER ELECTRIC INC

Borrower Address

75 SW Fly By Ave

Borrower City

MOUNTAIN HOME

Borrower State

ID

Borrower Zip

83647

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42354.50

Current Approval Amount

42354.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41844

Servicing Lender Name

First Interstate Bank

Servicing Lender Address

401 N 31st St

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59101-1200

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNTAIN HOME

Project County Name

ELMORE

Project State

ID

Project Zip

83647-0001

CD

ID-02

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

42354.50

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

41844

Originating Lender

First Interstate Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42649.24

Forgiveness Date

12/31/2020

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