PPP Loan information for Modern ceramics mfg inc.

$942,767

Modern ceramics mfg inc. was initially approved for PPP Loan of amount $942,767, the current approved amount is $942,767. The loan was approved on 02/05/2021 by The JPMorgan Chase Bank, National Association reported 61 jobs and $942,767 was used to fund payroll.

Modern ceramics mfg inc. is Existing or more than 2 years old

MODERN CERAMICS MFG INC.

Date Approved

02/05/2021

SBA Office Code

0912

Processing Method

PPS

Borrower Name

MODERN CERAMICS MFG INC.

Borrower Address

2240 Lundy Ave

Borrower City

San Jose

Borrower State

CA

Borrower Zip

95131-1816

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

942767.00

Current Approval Amount

942767.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

San Jose

Project County Name

SANTA CLARA

Project State

CA

Project Zip

95131-1816

CD

CA-17

Jobs Reported

61

NAICS Code

332721

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

942767.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

952339.75

Forgiveness Date

02/17/2022

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