PPP Loan information for Modaexpress of usa inc.

$744,964

Modaexpress of usa inc. was initially approved for PPP Loan of amount $744,964, the current approved amount is $744,964. The loan was approved on 04/04/2021 by The WebBank reported 70 jobs and $744,964 was used to fund payroll.

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

MODAEXPRESS OF USA INC.

Date Approved

04/04/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MODAEXPRESS OF USA INC.

Borrower Address

900 Secaucus Rd

Borrower City

Secaucus

Borrower State

NJ

Borrower Zip

07094-2423

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

744964.00

Current Approval Amount

744964.00

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

07094-2423

CD

NJ-09

Jobs Reported

70

NAICS Code

493190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

744964.00

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

748254.26

Forgiveness Date

09/15/2021

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