PPP Loan information for Modern empire inc

$288,750

Modern empire inc was initially approved for PPP Loan of amount $288,750, the current approved amount is $288,750. The loan was approved on 02/19/2021 by The Crown Bank reported 14 jobs and $288,750 was used to fund payroll.

Modern empire inc is Existing or more than 2 years old

MODERN EMPIRE INC

Date Approved

02/19/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MODERN EMPIRE INC

Borrower Address

1 Morris St # 11

Borrower City

Paterson

Borrower State

NJ

Borrower Zip

07501-1746

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

288750.00

Current Approval Amount

288750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122482

Servicing Lender Name

Crown Bank

Servicing Lender Address

400 Westminster Ave

Servicing Lender City

ELIZABETH

Servicing Lender State

NJ

Servicing Lender Zip

07208-3207

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Paterson

Project County Name

PASSAIC

Project State

NJ

Project Zip

07501-1746

CD

NJ-09

Jobs Reported

14

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

288749.00

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

122482

Originating Lender

Crown Bank

Originating Lender City

ELIZABETH

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

290771.25

Forgiveness Date

11/03/2021

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