PPP Loan information for Modern builders inc

$282,248

Modern builders inc was initially approved for PPP Loan of amount $282,248, the current approved amount is $282,248. The loan was approved on 04/14/2020 by The The Park National Bank reported 20 jobs and $282,248 was used to fund payroll.

Modern builders inc is Existing or more than 2 years old

PPP Loan Search / OH / MOUNT VERNON / Modern builders inc

MODERN BUILDERS INC

Date Approved

04/14/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

MODERN BUILDERS INC

Borrower Address

490 HARCOURT RD

Borrower City

MOUNT VERNON

Borrower State

OH

Borrower Zip

43050-3918

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

282247.50

Current Approval Amount

282247.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57912

Servicing Lender Name

The Park National Bank

Servicing Lender Address

50 N Third St

Servicing Lender City

NEWARK

Servicing Lender State

OH

Servicing Lender Zip

43055-5523

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT VERNON

Project County Name

KNOX

Project State

OH

Project Zip

43050-3918

CD

OH-12

Jobs Reported

20

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

46449.50

Payroll Proceed

225798.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

283879.12

Forgiveness Date

11/23/2020

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