PPP Loan information for Modern farm equipment corp

$434,259

Modern farm equipment corp was initially approved for PPP Loan of amount $434,259, the current approved amount is $434,259. The loan was approved on 04/06/2020 by The MNB Bank reported 44 jobs and $434,259 was used to fund payroll.

Modern farm equipment corp is Existing or more than 2 years old

PPP Loan Search / NE / GORDON / Modern farm equipment corp

MODERN FARM EQUIPMENT CORP

Date Approved

04/06/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

MODERN FARM EQUIPMENT CORP

Borrower Address

PO BOX 467

Borrower City

GORDON

Borrower State

NE

Borrower Zip

69343-0467

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

434259.17

Current Approval Amount

434259.17

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42346

Servicing Lender Name

MNB Bank

Servicing Lender Address

220 Norris Ave

Servicing Lender City

MCCOOK

Servicing Lender State

NE

Servicing Lender Zip

69001-3703

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GORDON

Project County Name

SHERIDAN

Project State

NE

Project Zip

69343-0467

CD

NE-03

Jobs Reported

44

NAICS Code

423820

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

325694.37

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

108564.80

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

42346

Originating Lender

MNB Bank

Originating Lender City

MCCOOK

Originating Lender State

NE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

437733.24

Forgiveness Date

01/28/2021

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