PPP Loan information for Modern advisors, inc

$50,280

Modern advisors, inc was initially approved for PPP Loan of amount $46,900, the current approved amount is $50,280. The loan was approved on 04/16/2020 by The Truist Bank reported 3 jobs and $50,280 was used to fund payroll.

Modern advisors, inc is Existing or more than 2 years old

MODERN ADVISORS, INC

Date Approved

04/16/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

MODERN ADVISORS, INC

Borrower Address

109 St Mary's Ave, Ste 101

Borrower City

La Plata

Borrower State

MD

Borrower Zip

20646

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46900.00

Current Approval Amount

50280.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

La Plata

Project County Name

CHARLES

Project State

MD

Project Zip

20646-0001

CD

MD-05

Jobs Reported

3

NAICS Code

541219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

50280.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50738.11

Forgiveness Date

03/31/2021

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