PPP Loan information for Master tool repair, inc.

$108,600

Master tool repair, inc. was initially approved for PPP Loan of amount $108,600, the current approved amount is $108,600. The loan was approved on 04/10/2020 by The TowneBank reported 12 jobs and $108,600 was used to fund payroll.

Master tool repair, inc. is Existing or more than 2 years old

PPP Loan Search / VA / NORFOLK / Master tool repair, inc.

MASTER TOOL REPAIR, INC.

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MASTER TOOL REPAIR, INC.

Borrower Address

520 W. 21st Street Suite G2

Borrower City

NORFOLK

Borrower State

VA

Borrower Zip

23517-0010

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108600.00

Current Approval Amount

108600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORFOLK

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23517-0010

CD

VA-03

Jobs Reported

12

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

108600.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

109239.53

Forgiveness Date

11/19/2020

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