PPP Loan information for Modern engineered products, inc.

$98,500

Modern engineered products, inc. was initially approved for PPP Loan of amount $98,500, the current approved amount is $98,500. The loan was approved on 04/30/2020 by The Gulf Coast Bank and Trust Company reported 12 jobs and $98,500 was used to fund payroll.

Modern engineered products, inc. is Unanswered

PPP Loan Search / LA / ABITA SPRINGS / Modern engineered products, inc.

MODERN ENGINEERED PRODUCTS, INC.

Date Approved

04/30/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

MODERN ENGINEERED PRODUCTS, INC.

Borrower Address

23400 HIGHWAY 435

Borrower City

ABITA SPRINGS

Borrower State

LA

Borrower Zip

70420-2128

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98500.00

Current Approval Amount

98500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116770

Servicing Lender Name

Gulf Coast Bank and Trust Company

Servicing Lender Address

200 St. Charles Ave

Servicing Lender City

NEW ORLEANS

Servicing Lender State

LA

Servicing Lender Zip

70130-2903

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

ABITA SPRINGS

Project County Name

SAINT TAMMANY

Project State

LA

Project Zip

70420-2128

CD

LA-01

Jobs Reported

12

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

24625.00

Payroll Proceed

73875.00

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

Subchapter S Corporation

Originating Lender Location Id

116770

Originating Lender

Gulf Coast Bank and Trust Company

Originating Lender City

NEW ORLEANS

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

99474.06

Forgiveness Date

04/29/2021

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