PPP Loan information for Modern distributing corporation

$26,227

Modern distributing corporation was initially approved for PPP Loan of amount $26,227, the current approved amount is $26,227. The loan was approved on 04/29/2020 by The Marquette Bank reported 6 jobs and $26,227 was used to fund payroll.

Modern distributing corporation is Unanswered

MODERN DISTRIBUTING CORPORATION

Date Approved

04/29/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MODERN DISTRIBUTING CORPORATION

Borrower Address

6424 S 3rd Road

Borrower City

La Porte

Borrower State

IN

Borrower Zip

46350

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

26227.00

Current Approval Amount

26227.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20969

Servicing Lender Name

Marquette Bank

Servicing Lender Address

6316 S Western Ave

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60636-2443

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

La Porte

Project County Name

LA PORTE

Project State

IN

Project Zip

46350-0001

CD

IN-02

Jobs Reported

6

NAICS Code

423490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

26227.00

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

20969

Originating Lender

Marquette Bank

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

20337.69

Forgiveness Date

11/23/2020

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