PPP Loan information for Modern classic motors, inc

$583,400

Modern classic motors, inc was initially approved for PPP Loan of amount $583,400, the current approved amount is $583,400. The loan was approved on 04/09/2020 by The Glacier Bank reported 33 jobs and $583,400 was used to fund payroll.

Modern classic motors, inc is Existing or more than 2 years old

PPP Loan Search / CO / GRAND JUNCTION / Modern classic motors, inc

MODERN CLASSIC MOTORS, INC

Date Approved

04/09/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

MODERN CLASSIC MOTORS, INC

Borrower Address

975 Independent Ave

Borrower City

GRAND JUNCTION

Borrower State

CO

Borrower Zip

81505-7130

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

583400.00

Current Approval Amount

583400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87893

Servicing Lender Name

Glacier Bank

Servicing Lender Address

202 Main St

Servicing Lender City

KALISPELL

Servicing Lender State

MT

Servicing Lender Zip

59901-4454

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND JUNCTION

Project County Name

MESA

Project State

CO

Project Zip

81505-7130

CD

CO-03

Jobs Reported

33

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

583400.00

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

87893

Originating Lender

Glacier Bank

Originating Lender City

KALISPELL

Originating Lender State

MT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

577028.92

Forgiveness Date

12/03/2020

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