SBA lending record
Master Tech Inc
1206 Hastings Avenue, Newport, MN 55055 · General Automotive Repair. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$434K
Total SBA financing
1
Loan on record
FY2021
On record
5
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Master Tech Inc your business?
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The loan
$434,200 — FY2021
- Gross approval
- $434,200
- SBA guaranteed
- $390,780 (90%)
- Status
- Current
- Rate at approval
- 5.25% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 2/24/2021
- First disbursement
- 2/26/2021
- Days to fund
- 2 days
- Collateral
- Required
- Jobs supported
- 5
- Business type
The lender
Merchants Bank, National Association
1 loan to this businessFull SBA lending record + branches on the lender page →Is Master Tech Inc your business?
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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Master Tech Inc.