As part of the Paycheck Protection Program MASTER ELECTRIC, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

MASTER ELECTRIC, INC


Loan Amount	$2,211,900
BusinessName	MASTER ELECTRIC, INC
Address	2350 West M-61
City	GLADWIN
State	MI
Zip	48624
NAICSCode	238210
BusinessType	Corporation
RaceEthnicity	White
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	39
DateApproved	04/07/2020
Lender	Horizon Bank
CD	MI-04
BusinessName.clean	MASTER ELECTRIC

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

MASTER EXTRUSION
MASTER FLEET
MASTER FLOW TECHNOLOGIES
MASTER FLUID SOLUTIONS
MASTER GRAPHICS