PPP Loan information for Modern construction inc.

$125,457

Modern construction inc. was initially approved for PPP Loan of amount $125,457, the current approved amount is $125,457. The loan was approved on 04/30/2020 by The JPMorgan Chase Bank, National Association reported 17 jobs and $125,457 was used to fund payroll.

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

PPP Loan Search / TX / LAREDO / Modern construction inc.

MODERN CONSTRUCTION INC.

Date Approved

04/30/2020

SBA Office Code

0681

Processing Method

PPP

Borrower Name

MODERN CONSTRUCTION INC.

Borrower Address

2120 BLAINE ST

Borrower City

LAREDO

Borrower State

TX

Borrower Zip

78043-5215

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

125457.00

Current Approval Amount

125457.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAREDO

Project County Name

WEBB

Project State

TX

Project Zip

78043-5215

CD

TX-28

Jobs Reported

17

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7000.00

Payroll Proceed

108457.00

Mortgage Interest Proceed

6000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

4000

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

126638.67

Forgiveness Date

04/13/2021

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