PPP Loan information for Masterworks, inc.

$1,974,600

Masterworks, inc. was initially approved for PPP Loan of amount $1,974,600, the current approved amount is $1,974,600. The loan was approved on 04/05/2020 by The Liberty Bank reported 103 jobs and $1,974,600 was used to fund payroll.

Masterworks, inc. is Existing or more than 2 years old

PPP Loan Search / WA / POULSBO / Masterworks, inc.

MASTERWORKS, INC.

Date Approved

04/05/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

MASTERWORKS, INC.

Borrower Address

19462 POWDER HILL PL

Borrower City

POULSBO

Borrower State

WA

Borrower Zip

98370-7466

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1974600.00

Current Approval Amount

1974600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

465446

Servicing Lender Name

Liberty Bank

Servicing Lender Address

19917 Seventh Ave NE, Ste 101

Servicing Lender City

POULSBO

Servicing Lender State

WA

Servicing Lender Zip

98370-6555

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

POULSBO

Project County Name

KITSAP

Project State

WA

Project Zip

98370-7466

CD

WA-06

Jobs Reported

103

NAICS Code

541890

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1974600.00

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

465446

Originating Lender

Liberty Bank

Originating Lender City

POULSBO

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1994016.90

Forgiveness Date

03/31/2021

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