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Master Tool and Manufacturing Inc.

$567,500 PPP Loan in Hiawatha, Iowa

Loan Details

Loan Number
2177578503
Date Approved
Feb 20, 2021
Loan Status
Paid in Full
Initial Approval
$567,500
Current Approval
$567,500
Forgiveness Amount
$571,283
Forgiveness Date
Oct 25, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Master Tool and Manufacturing Inc.
Address
1450 Progress Dr
City
Hiawatha
State
Iowa
ZIP Code
52233-2206
Business Type
Corporation
Industry (NAICS)
Manufacturing (333514)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$8.9M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$567,498
Utilities
$1

Lender Information

Servicing Lender
Farmers State Bank
Originating Lender
Farmers State Bank

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