PPP Loan information for Modern finance company

$259,683

Modern finance company was initially approved for PPP Loan of amount $259,683, the current approved amount is $259,683. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 21 jobs and $259,683 was used to fund payroll.

Modern finance company is Existing or more than 2 years old

MODERN FINANCE COMPANY

Date Approved

05/01/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

MODERN FINANCE COMPANY

Borrower Address

15315 MAGNOLIA BLVD SUITE 128

Borrower City

SHERMAN OAKS

Borrower State

CA

Borrower Zip

91403

Loan Status Date

06/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

259683.00

Current Approval Amount

259683.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHERMAN OAKS

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91403-1000

CD

CA-32

Jobs Reported

21

NAICS Code

522291

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

259683.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;