PPP Loan information for Modern builders & contractors inc.

$646,455

Modern builders & contractors inc. was initially approved for PPP Loan of amount $646,455, the current approved amount is $646,455. The loan was approved on 07/07/2020 by The CDC Small Business Finance Corporation reported 37 jobs and $646,455 was used to fund payroll.

Modern builders & contractors inc. is Existing or more than 2 years old

PPP Loan Search / NY / Brooklyn / Modern builders & contractors inc.

MODERN BUILDERS & CONTRACTORS INC.

Date Approved

07/07/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

MODERN BUILDERS & CONTRACTORS INC.

Borrower Address

195 St. James Place

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11238-2301

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

646455.00

Current Approval Amount

646455.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188309

Servicing Lender Name

CDC Small Business Finance Corporation

Servicing Lender Address

2448 Historic Decatur Road Suite 200

Servicing Lender City

San Diego

Servicing Lender State

CA

Servicing Lender Zip

92106

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11238-2301

CD

NY-07

Jobs Reported

37

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

646455.00

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

188309

Originating Lender

CDC Small Business Finance Corporation

Originating Lender City

San Diego

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

657506.72

Forgiveness Date

04/06/2022

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