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  5. Master Craft Labels, Inc.

Master Craft Labels, Inc.

Company Details

Name: Master Craft Labels, Inc.
Jurisdiction: Minnesota
Legal type: Business Corporation (Domestic)
Status: Inactive
Date formed: 03 Apr 1985 (40 years ago)
Company Number: c3d6948c-a2d4-e011-a886-001ec94ffe7f
File Number: 4X-69
Registered Office Address: 7478 Washington Ave S, Eden Prairie, MN 55344, USA
ZIP code: 55344
County: Hennepin County
Place of Formation: Minnesota

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
MASTER CRAFT LABELS, INC. PROFIT SHARING AND 401(K) PLAN 2023 411518216 2024-06-17 MASTER CRAFT LABELS, INC. 19
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1992-01-01
Business code 323100
Sponsor’s telephone number 9529410929
Plan sponsor’s address 7478 WASHINGTON AVE S, EDEN PRAIRIE, MN, 553443704
MASTER CRAFT LABELS, INC. PROFIT SHARING AND 401(K) PLAN 2022 411518216 2023-06-26 MASTER CRAFT LABELS, INC. 19
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1992-01-01
Business code 323100
Sponsor’s telephone number 9529410929
Plan sponsor’s address 7478 WASHINGTON AVE S, EDEN PRAIRIE, MN, 553443704
MASTER CRAFT LABELS, INC. PROFIT SHARING AND 401(K) PLAN 2021 411518216 2022-03-09 MASTER CRAFT LABELS, INC. 19
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1992-01-01
Business code 323100
Sponsor’s telephone number 9529410929
Plan sponsor’s address 7478 WASHINGTON AVE S, EDEN PRAIRIE, MN, 553443704
MASTER CRAFT LABELS, INC. PROFIT SHARING AND 401(K) PLAN 2020 411518216 2021-07-15 MASTER CRAFT LABELS, INC. 21
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1992-01-01
Business code 323100
Sponsor’s telephone number 9529410929
Plan sponsor’s address 7478 WASHINGTON AVE S, EDEN PRAIRIE, MN, 553443704
MASTER CRAFT LABELS, INC. PROFIT SHARING AND 401(K) PLAN 2019 411518216 2020-06-12 MASTER CRAFT LABELS, INC. 22
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1992-01-01
Business code 323100
Sponsor’s telephone number 9529410929
Plan sponsor’s address 7478 WASHINGTON AVE S, EDEN PRAIRIE, MN, 553443704
MASTER CRAFT LABELS, INC. PROFIT SHARING AND 401(K) PLAN 2018 411518216 2019-05-15 MASTER CRAFT LABELS, INC. 23
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1992-01-01
Business code 323100
Sponsor’s telephone number 9529410929
Plan sponsor’s address 7478 WASHINGTON AVE S, EDEN PRAIRIE, MN, 553443704
MASTER CRAFT LABELS, INC. PROFIT SHARING AND 401(K) PLAN 2017 411518216 2018-05-09 MASTER CRAFT LABELS, INC. 24
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1992-01-01
Business code 323100
Sponsor’s telephone number 9529410929
Plan sponsor’s address 7478 WASHINGTON AVE S, EDEN PRAIRIE, MN, 553443704
MASTER CRAFT LABELS, INC. PROFIT SHARING AND 401(K) PLAN 2016 411518216 2017-05-09 MASTER CRAFT LABELS, INC. 22
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1992-01-01
Business code 323100
Sponsor’s telephone number 9529410929
Plan sponsor’s address 7478 WASHINGTON AVE S, EDEN PRAIRIE, MN, 553443704
MASTER CRAFT LABELS, INC. PROFIT SHARING AND 401(K) PLAN 2015 411518216 2016-05-03 MASTER CRAFT LABELS, INC. 21
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1992-01-01
Business code 323100
Sponsor’s telephone number 9529410929
Plan sponsor’s address 7478 WASHINGTON AVE S, EDEN PRAIRIE, MN, 553443704
MASTER CRAFT LABELS, INC. PROFIT SHARING AND 401(K) PLAN 2014 411518216 2015-05-19 MASTER CRAFT LABELS, INC. 20
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1992-01-01
Business code 323100
Sponsor’s telephone number 9529410929
Plan sponsor’s address 7478 WASHINGTON AVE S, EDEN PRAIRIE, MN, 553443704

Signature of
Role Plan administrator
Date 2015-05-19
Name of individual signing JEFFREY K. ERICKSON
Valid signature Filed with authorized/valid electronic signature

Chief Executive Officer

Name Role Address
Jeffrey Erickson Chief Executive Officer 2159 Springwood Road, Wayzata, MN 55391, USA

Filing

Filing Name Filing date
Administrative Dissolution - Business Corporation (Domestic) 2025-01-08
Business Corporation (Domestic) Business Name (Business Name: Master Craft Labels, Inc.) 1992-01-06
Registered Office and/or Agent - Business Corporation (Domestic) 1988-09-16
Original Filing - Business Corporation (Domestic) 1985-04-03
Business Corporation (Domestic) Business Name (Business Name: GIFT WRAP PLUS, INC.) 1985-04-03

OSHA's Inspections within Industry

Inspection Nr Report ID Date Opened Site Address
316973262 0552700 2013-02-13 7478 WASHINGTON AVE S, EDEN PRAIRIE, MN, 55344
Inspection Type Planned
Scope Complete
Safety/Health Safety
Close Conference 2013-02-13
Emphasis L: ES
Case Closed 2013-03-19

Violation Items
Citation ID 01001
Citaton Type Other
Standard Cited 19100305 G01 IV
Issuance Date 2013-03-01
Abatement Due Date 2013-03-25
Current Penalty 70.0
Initial Penalty 100.0
Nr Instances 2
Nr Exposed 4
314199720 0552700 2010-02-25 7478 WASHINGTON AVE S, EDEN PRAIRIE, MN, 55344
Inspection Type Planned
Scope Complete
Safety/Health Safety
Close Conference 2010-02-25
Emphasis L: ES
Case Closed 2010-03-24

Violation Items
Citation ID 01001
Citaton Type Other
Standard Cited 5205120003
Issuance Date 2010-03-08
Abatement Due Date 2010-03-18
Current Penalty 70.0
Initial Penalty 100.0
Nr Instances 1
Nr Exposed 1
310529029 0552700 2006-09-19 7478 WASHINGTON AVE S, EDEN PRAIRIE, MN, 55344
Inspection Type Planned
Scope Complete
Safety/Health Safety
Close Conference 2006-09-19
Emphasis L: ES
Case Closed 2006-10-23

Violation Items
Citation ID 01001
Citaton Type Serious
Standard Cited 182065308
Issuance Date 2006-09-29
Abatement Due Date 2006-10-23
Nr Instances 1
Nr Exposed 27
Citation ID 01002
Citaton Type Serious
Standard Cited 5206070001
Issuance Date 2006-09-29
Abatement Due Date 2006-10-23
Current Penalty 450.0
Initial Penalty 450.0
Nr Instances 1
Nr Exposed 8
Citation ID 02001
Citaton Type Other
Standard Cited 19100178 L04 III
Issuance Date 2006-09-29
Abatement Due Date 2006-10-23
Current Penalty 150.0
Initial Penalty 150.0
Nr Instances 1
Nr Exposed 1
Citation ID 02002
Citaton Type Other
Standard Cited 5206070001 B
Issuance Date 2006-09-29
Abatement Due Date 2006-10-23
Nr Instances 1
Nr Exposed 8

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
7267467200 2020-04-28 0508 PPP 7478 WASHINGTON AVE South, EDEN PRAIRIE, MN, 55344-3704
Loan Status Date 2020-06-03
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 291742
Loan Approval Amount (current) 291742
Undisbursed Amount 0
Franchise Name -
Lender Location ID 434701
Servicing Lender Name Tradition Capital Bank
Servicing Lender Address 100 West Lake St, WAYZATA, MN, 55391
Rural or Urban Indicator U
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address EDEN PRAIRIE, HENNEPIN, MN, 55344-3704
Project Congressional District MN-03
Number of Employees 18
NAICS code 323120
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 434701
Originating Lender Name Tradition Capital Bank
Originating Lender Address WAYZATA, MN
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 293748.23
Forgiveness Paid Date 2021-01-08

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Related by address

7478 Washington Ave S, Eden Prairie, MN 55344, USA

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Date of last update: 20 Feb 2025

Sources: Minnesota's Official State Website

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