PPP Loan information for Modern cleaners inc

$57,017

Modern cleaners inc was initially approved for PPP Loan of amount $57,017, the current approved amount is $57,017. The loan was approved on 05/05/2020 by The The Ephrata National Bank reported 15 jobs and $57,017 was used to fund payroll.

Modern cleaners inc is Existing or more than 2 years old

MODERN CLEANERS INC

Date Approved

05/05/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MODERN CLEANERS INC

Borrower Address

254 W FULTON ST

Borrower City

EPHRATA

Borrower State

PA

Borrower Zip

17522-1903

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57017.00

Current Approval Amount

57017.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60158

Servicing Lender Name

The Ephrata National Bank

Servicing Lender Address

31 E Main St

Servicing Lender City

EPHRATA

Servicing Lender State

PA

Servicing Lender Zip

17522-2790

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EPHRATA

Project County Name

LANCASTER

Project State

PA

Project Zip

17522-1903

CD

PA-11

Jobs Reported

15

NAICS Code

812320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

57017.00

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

Subchapter S Corporation

Originating Lender Location Id

60158

Originating Lender

The Ephrata National Bank

Originating Lender City

EPHRATA

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

57509.56

Forgiveness Date

03/19/2021

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