PPP Loan information for Modern communication inc.

$194,106

Modern communication inc. was initially approved for PPP Loan of amount $194,106, the current approved amount is $194,106. The loan was approved on 02/01/2021 by The U.S. Bank, National Association reported 12 jobs and $194,106 was used to fund payroll.

Modern communication inc. is Existing or more than 2 years old

MODERN COMMUNICATION INC.

Date Approved

02/01/2021

SBA Office Code

0768

Processing Method

PPS

Borrower Name

MODERN COMMUNICATION INC.

Borrower Address

1231 Horan Dr # 100

Borrower City

Fenton

Borrower State

MO

Borrower Zip

63026-1902

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

194106.00

Current Approval Amount

194106.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fenton

Project County Name

SAINT LOUIS

Project State

MO

Project Zip

63026-1902

CD

MO-08

Jobs Reported

12

NAICS Code

334310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

194104.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

195071.14

Forgiveness Date

08/04/2021

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