PPP Loan information for Modern enterprises inc.

$166,353

Modern enterprises inc. was initially approved for PPP Loan of amount $166,353, the current approved amount is $166,353. The loan was approved on 04/28/2020 by The Sandy Spring Bank reported 18 jobs and $166,353 was used to fund payroll.

Modern enterprises inc. is Existing or more than 2 years old

PPP Loan Search / VA / MANASSAS PARK / Modern enterprises inc.

MODERN ENTERPRISES INC.

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MODERN ENTERPRISES INC.

Borrower Address

9202 VENTURE CT

Borrower City

MANASSAS PARK

Borrower State

VA

Borrower Zip

20111-4804

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

166353.00

Current Approval Amount

166353.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANASSAS PARK

Project County Name

MANASSAS PARK CITY

Project State

VA

Project Zip

20111-4804

CD

VA-10

Jobs Reported

18

NAICS Code

238110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

166353.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

168007.41

Forgiveness Date

05/04/2021

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