PPP Loan information for Modern apparel group, inc.

$56,048

Modern apparel group, inc. was initially approved for PPP Loan of amount $62,500, the current approved amount is $56,048. The loan was approved on 05/06/2020 by The PromiseOne Bank reported 15 jobs and $56,048 was used to fund payroll.

Modern apparel group, inc. is Existing or more than 2 years old

PPP Loan Search / GA / MORROW / Modern apparel group, inc.

MODERN APPAREL GROUP, INC.

Date Approved

05/06/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

MODERN APPAREL GROUP, INC.

Borrower Address

2447 SOUTHLAKE MALL

Borrower City

MORROW

Borrower State

GA

Borrower Zip

30260-2334

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

56048.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

461279

Servicing Lender Name

PromiseOne Bank

Servicing Lender Address

2385 Pleasant Hill Rd

Servicing Lender City

DULUTH

Servicing Lender State

GA

Servicing Lender Zip

30096-4323

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MORROW

Project County Name

CLAYTON

Project State

GA

Project Zip

30260-2334

CD

GA-13

Jobs Reported

15

NAICS Code

448120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56048.00

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

Corporation

Originating Lender Location Id

461279

Originating Lender

PromiseOne Bank

Originating Lender City

DULUTH

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56505.60

Forgiveness Date

03/10/2021

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