PPP Loan information for Modern engineered products inc.

$102,073

Modern engineered products inc. was initially approved for PPP Loan of amount $102,073, the current approved amount is $102,073. The loan was approved on 03/09/2021 by The Gulf Coast Bank and Trust Company reported 10 jobs and $102,073 was used to fund payroll.

Modern engineered products inc. is Existing or more than 2 years old

PPP Loan Search / LA / Abita Springs / Modern engineered products inc.

MODERN ENGINEERED PRODUCTS INC.

Date Approved

03/09/2021

SBA Office Code

0679

Processing Method

PPS

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

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

102072.50

Current Approval Amount

102072.50

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

Existing or more than 2 years old

Project City

Abita Springs

Project County Name

SAINT TAMMANY

Project State

LA

Project Zip

70420-2128

CD

LA-01

Jobs Reported

10

NAICS Code

334513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

102071.50

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

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

102710.45

Forgiveness Date

10/27/2021

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