# PPP loan: MASTERBILT INCORPORATED
> **$548K** approved 03/20/2021 · Paid in Full · Loan `5229338606`
## Borrower
- **Name:** MASTERBILT INCORPORATED
- **Address:** 3801 Voorde Dr, South Bend, IN, 46628-1643
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $548K
- **Initial approval:** $548K
- **Forgiven:** $553K (101%)
- **Forgiveness date:** 04/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $548K
- **Utilities:** $1
- **Jobs reported:** 54
## Lender
- **Originating:** KeyBank National Association
- **Servicing:** KeyBank National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*