PPP Loan information for Modern comfort corporation

$158,485

Modern comfort corporation was initially approved for PPP Loan of amount $158,485, the current approved amount is $158,485. The loan was approved on 01/30/2021 by The Hanover Community Bank reported 11 jobs and $158,485 was used to fund payroll.

Modern comfort corporation is Existing or more than 2 years old

PPP Loan Search / NJ / West Caldwell / Modern comfort corporation

MODERN COMFORT CORPORATION

Date Approved

01/30/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MODERN COMFORT CORPORATION

Borrower Address

686 Passaic Ave

Borrower City

West Caldwell

Borrower State

NJ

Borrower Zip

07006-6711

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

158485.00

Current Approval Amount

158485.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

462816

Servicing Lender Name

Hanover Community Bank

Servicing Lender Address

80 East Jericho Turnpike

Servicing Lender City

Mineola

Servicing Lender State

NY

Servicing Lender Zip

11501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Caldwell

Project County Name

ESSEX

Project State

NJ

Project Zip

07006-6711

CD

NJ-11

Jobs Reported

11

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

158479.00

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

462816

Originating Lender

Hanover Community Bank

Originating Lender City

Mineola

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

160245.94

Forgiveness Date

03/21/2022

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