PPP Loan information for Modern compliance solutions inc

$216,700

Modern compliance solutions inc was initially approved for PPP Loan of amount $216,700, the current approved amount is $216,700. The loan was approved on 04/16/2020 by The Bank of Utah reported 11 jobs and $216,700 was used to fund payroll.

Modern compliance solutions inc is Existing or more than 2 years old

MODERN COMPLIANCE SOLUTIONS INC

Date Approved

04/16/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

MODERN COMPLIANCE SOLUTIONS INC

Borrower Address

387 S 520 W 115

Borrower City

LINDON

Borrower State

UT

Borrower Zip

84042-1962

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

216700.00

Current Approval Amount

216700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72257

Servicing Lender Name

Bank of Utah

Servicing Lender Address

2605 Washington Blvd

Servicing Lender City

OGDEN

Servicing Lender State

UT

Servicing Lender Zip

84401-3613

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LINDON

Project County Name

UTAH

Project State

UT

Project Zip

84042-1962

CD

UT-03

Jobs Reported

11

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4200.00

Payroll Proceed

162500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

50000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

72257

Originating Lender

Bank of Utah

Originating Lender City

OGDEN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

207787.30

Forgiveness Date

11/03/2020

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