Masterspas LLC

$4,615,000 PPP Loan in Fort Wayne, Indiana

Loan Details

Loan Number
2859877304
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$4,615,000
Current Approval
$4,615,000
Forgiveness Amount
$4,615,402
Forgiveness Date
Nov 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Masterspas LLC
Address
6927 Lincoln Parkway
State
Indiana
ZIP Code
46804
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (326199)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$495.9M
Rural/Urban
Urban
Congressional District
IN-03

Loan Use Breakdown

Payroll
$3,625,507
Rent
$436,435
Utilities
$185,000
Health Care
$293,328
Debt Interest
$74,730

Lender Information

Servicing Lender
Star Financial Bank
Originating Lender
Star Financial Bank

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