PPP Loan information for Multrec corp

$43,372

Multrec corp was initially approved for PPP Loan of amount $43,372, the current approved amount is $43,372. The loan was approved on 02/04/2021 by The U.S. Bank, National Association reported 18 jobs and $43,372 was used to fund payroll.

Multrec corp is Existing or more than 2 years old

MULTREC CORP

Date Approved

02/04/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

MULTREC CORP

Borrower Address

790 82nd Dr

Borrower City

Gladstone

Borrower State

OR

Borrower Zip

97027-1802

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

43372.00

Current Approval Amount

43372.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Gladstone

Project County Name

CLACKAMAS

Project State

OR

Project Zip

97027-1802

CD

OR-05

Jobs Reported

18

NAICS Code

713940

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

43368.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

43834.63

Forgiveness Date

03/01/2022

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