PPP Loan information for Modern automotive network llc

$1,245,500

Modern automotive network llc was initially approved for PPP Loan of amount $1,245,500, the current approved amount is $1,245,500. The loan was approved on 04/08/2020 by The PNC Bank, National Association reported 92 jobs and $1,245,500 was used to fund payroll.

Modern automotive network llc is Existing or more than 2 years old

MODERN AUTOMOTIVE NETWORK LLC

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MODERN AUTOMOTIVE NETWORK LLC

Borrower Address

3901 Westpoint BLVD

Borrower City

WINSTON SALEM

Borrower State

NC

Borrower Zip

27103-6721

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1245500.00

Current Approval Amount

1245500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINSTON SALEM

Project County Name

FORSYTH

Project State

NC

Project Zip

27103-6721

CD

NC-05

Jobs Reported

92

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1245500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1265566.39

Forgiveness Date

11/17/2021

;