PPP Loan information for Modern air inc.

$66,300

Modern air inc. was initially approved for PPP Loan of amount $66,300, the current approved amount is $66,300. The loan was approved on 05/05/2020 by The Capital One, National Association reported 4 jobs and $66,300 was used to fund payroll.

Modern air inc. is Existing or more than 2 years old

MODERN AIR INC.

Date Approved

05/05/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

MODERN AIR INC.

Borrower Address

35-54 32nd Street

Borrower City

Long Island City

Borrower State

NY

Borrower Zip

11106

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

66300.00

Current Approval Amount

66300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28811

Servicing Lender Name

Capital One, National Association

Servicing Lender Address

1680 Capital One Dr

Servicing Lender City

MCLEAN

Servicing Lender State

VA

Servicing Lender Zip

22102-3407

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Long Island City

Project County Name

QUEENS

Project State

NY

Project Zip

11106-0001

CD

NY-14

Jobs Reported

4

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

66300.00

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

28811

Originating Lender

Capital One, National Association

Originating Lender City

MCLEAN

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

67049.56

Forgiveness Date

06/30/2021

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