PPP Loan information for Modern construction corporation

$130,706

Modern construction corporation was initially approved for PPP Loan of amount $130,706, the current approved amount is $130,706. The loan was approved on 03/23/2021 by The Wilson Bank & Trust reported 8 jobs and $130,706 was used to fund payroll.

Modern construction corporation is Existing or more than 2 years old

MODERN CONSTRUCTION CORPORATION

Date Approved

03/23/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

MODERN CONSTRUCTION CORPORATION

Borrower Address

254Rockland Road

Borrower City

Hendersonville

Borrower State

TN

Borrower Zip

37075

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

130706.00

Current Approval Amount

130706.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111740

Servicing Lender Name

Wilson Bank & Trust

Servicing Lender Address

623 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

TN

Servicing Lender Zip

37087-3404

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hendersonville

Project County Name

SUMNER

Project State

TN

Project Zip

37075

CD

TN-06

Jobs Reported

8

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

130701.00

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

111740

Originating Lender

Wilson Bank & Trust

Originating Lender City

LEBANON

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

131758.81

Forgiveness Date

01/18/2022

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