PPP Loan information for Mts corporation

$422,975

Mts corporation was initially approved for PPP Loan of amount $422,975, the current approved amount is $422,975. The loan was approved on 02/16/2021 by The Wells Fargo Bank, National Association reported 52 jobs and $422,975 was used to fund payroll.

Mts corporation is Existing or more than 2 years old

MTS CORPORATION

Date Approved

02/16/2021

SBA Office Code

0682

Processing Method

PPS

Borrower Name

MTS CORPORATION

Borrower Address

6818 Academy Parkway West NE

Borrower City

Albuquerque

Borrower State

NM

Borrower Zip

87109-4406

Loan Status Date

04/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

422975.00

Current Approval Amount

422975.00

Undisbursed Amount

0.00

Franchise Name

Supercuts

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Albuquerque

Project County Name

BERNALILLO

Project State

NM

Project Zip

87109-4406

CD

NM-01

Jobs Reported

52

NAICS Code

812112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

422973.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

427320.63

Forgiveness Date

03/08/2022

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