Masspay Inc

427 Main St, Lafayette, IN 47901 · Payroll Services (NAICS 541214)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

1

Total Amount

$5.0M

Jobs Supported

98

Years Active

2024

Loan History (1)

Source: SBA FOIA
7(a)$5,000,000
Exempt
Approved
Aug 30, 2024 (FY2024)
SBA Guaranteed
$3,750,000 (75%)
Term
119 months (9.9 yrs)
Interest Rate
9.50%
Revolver
0
Jobs Supported
98
Business Type
Corporation
Business Age
Change of Ownership
Industry
Payroll Services (NAICS 541214)

Lender

Live Oak Banking Company

1741 Tiburon Dr, Wilmington, NC 28403

Project Location

Tippecanoe County, IN

Business Details

Business Type
Corporation
Business Age
Change of Ownership
NAICS Code
541214 Payroll Services
Address
427 Main St
Lafayette, IN 47901

Lender

Live Oak Banking Company
1741 Tiburon Dr, Wilmington, NC 28403

Other SBA Borrowers in Lafayette

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