PPP Loan information for Modern american recycling services, inc.

$395,700

Modern american recycling services, inc. was initially approved for PPP Loan of amount $395,700, the current approved amount is $395,700. The loan was approved on 04/15/2020 by The Hancock Whitney Bank reported 13 jobs and $395,700 was used to fund payroll.

Modern american recycling services, inc. is Existing or more than 2 years old

PPP Loan Search / LA / GIBSON / Modern american recycling services, inc.

MODERN AMERICAN RECYCLING SERVICES, INC.

Date Approved

04/15/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MODERN AMERICAN RECYCLING SERVICES, INC.

Borrower Address

499 Powhattan Court

Borrower City

GIBSON

Borrower State

LA

Borrower Zip

70356-0491

Loan Status Date

07/06/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

395700.00

Current Approval Amount

395700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GIBSON

Project County Name

TERREBONNE

Project State

LA

Project Zip

70356-0491

CD

LA-06

Jobs Reported

13

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

395700.00

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

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

404306.47

Forgiveness Date

06/17/2022

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