PPP Loan information for Modern energy llc

$82,150

Modern energy llc was initially approved for PPP Loan of amount $82,150, the current approved amount is $82,150. The loan was approved on 04/07/2020 by The Central One FCU reported 6 jobs and $82,150 was used to fund payroll.

Modern energy llc is Existing or more than 2 years old

MODERN ENERGY LLC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MODERN ENERGY LLC

Borrower Address

12 Hycrest Road

Borrower City

CHARLTON

Borrower State

MA

Borrower Zip

01507-1568

Loan Status Date

06/06/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

82150.00

Current Approval Amount

82150.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98625

Servicing Lender Name

Central One FCU

Servicing Lender Address

714 Main St

Servicing Lender City

SHREWSBURY

Servicing Lender State

MA

Servicing Lender Zip

01545-3018

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHARLTON

Project County Name

WORCESTER

Project State

MA

Project Zip

01507-1568

CD

MA-01

Jobs Reported

6

NAICS Code

238310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

65720.00

Mortgage Interest Proceed

0.00

Rent Proceed

16430.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

98625

Originating Lender

Central One FCU

Originating Lender City

SHREWSBURY

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

83014.86

Forgiveness Date

04/22/2021

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