PPP Loan information for Modaexpress of usa, inc.

$707,150

Modaexpress of usa, inc. was initially approved for PPP Loan of amount $707,150, the current approved amount is $707,150. The loan was approved on 04/30/2020 by The WebBank reported 70 jobs and $707,150 was used to fund payroll.

Modaexpress of usa, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Secaucus / Modaexpress of usa, inc.

MODAEXPRESS OF USA, INC.

Date Approved

04/30/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MODAEXPRESS OF USA, INC.

Borrower Address

900 Secaucus Road

Borrower City

Secaucus

Borrower State

NJ

Borrower Zip

07094

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

707150.00

Current Approval Amount

707150.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122043

Servicing Lender Name

WebBank

Servicing Lender Address

215 S State St, Ste 1000

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-2336

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Secaucus

Project County Name

HUDSON

Project State

NJ

Project Zip

07094-1600

CD

NJ-09

Jobs Reported

70

NAICS Code

493190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

707150.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

122043

Originating Lender

WebBank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

713023.27

Forgiveness Date

02/25/2021

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