PPP Loan information for Major industries, inc.

$588,000

Major industries, inc. was initially approved for PPP Loan of amount $657,700, the current approved amount is $588,000. The loan was approved on 04/04/2020 by The Peoples State Bank reported 57 jobs and $588,000 was used to fund payroll.

Major industries, inc. is Existing or more than 2 years old

MAJOR INDUSTRIES, INC.

Date Approved

04/04/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MAJOR INDUSTRIES, INC.

Borrower Address

7120 STEWART AVE

Borrower City

WAUSAU

Borrower State

WI

Borrower Zip

54401-8410

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

657700.00

Current Approval Amount

588000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76899

Servicing Lender Name

Peoples State Bank

Servicing Lender Address

1905 Stewart Ave

Servicing Lender City

WAUSAU

Servicing Lender State

WI

Servicing Lender Zip

54401-5375

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAUSAU

Project County Name

MARATHON

Project State

WI

Project Zip

54401-8410

CD

WI-07

Jobs Reported

57

NAICS Code

332321

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

588000.00

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

76899

Originating Lender

Peoples State Bank

Originating Lender City

WAUSAU

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

591658.67

Forgiveness Date

11/24/2020

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