Master Composites, Inc.

$120,000 PPP Loan in Henning, Minnesota

Loan Details

Loan Number
5750537002
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$120,000
Current Approval
$120,000
Forgiveness Amount
$121,063
Forgiveness Date
Feb 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Master Composites, Inc.
Address
211 Industrial Street
ZIP Code
56551-4066
Business Type
Corporation
Industry (NAICS)
Manufacturing (332420)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$118,000
Utilities
$2,000

Lender Information

Servicing Lender
The First National Bank of Henning
Originating Lender
The First National Bank of Henning

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