# PPP loan: MASTER TRADE SERVICES INC
> **$162K** approved 04/07/2020 · Paid in Full · Loan `6810177009`
## Borrower
- **Name:** MASTER TRADE SERVICES INC
- **Address:** 175 7th Ave S, WAITE PARK, MN, 56387-1150
- **NAICS:** 811490
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $123K
- **Rent:** $18K
- **Utilities:** $1K
- **Health care:** $20K
- **Jobs reported:** 16
## Lender
- **Originating:** Deerwood Bank
- **Servicing:** Deerwood Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*