PPP Loan information for Modern body engineering corporation

$154,402

Modern body engineering corporation was initially approved for PPP Loan of amount $154,402, the current approved amount is $154,402. The loan was approved on 03/27/2021 by The Loan Source Incorporated reported 12 jobs and $154,402 was used to fund payroll.

Modern body engineering corporation is Existing or more than 2 years old

MODERN BODY ENGINEERING CORPORATION

Date Approved

03/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MODERN BODY ENGINEERING CORPORATION

Borrower Address

32801 Dequindre Rd

Borrower City

Madison Heights

Borrower State

MI

Borrower Zip

48071-1519

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

154402.00

Current Approval Amount

154402.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Madison Heights

Project County Name

OAKLAND

Project State

MI

Project Zip

48071-1519

CD

MI-11

Jobs Reported

12

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

154401.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

156398.65

Forgiveness Date

07/19/2022

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