PPP Loan information for Modern floor covering, inc

$97,600

Modern floor covering, inc was initially approved for PPP Loan of amount $97,600, the current approved amount is $97,600. The loan was approved on 04/09/2020 by The Community 1st CU reported 7 jobs and $97,600 was used to fund payroll.

Modern floor covering, inc is Existing or more than 2 years old

MODERN FLOOR COVERING, INC

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MODERN FLOOR COVERING, INC

Borrower Address

215 HWY 432

Borrower City

OSKALOOSA

Borrower State

IA

Borrower Zip

52577-0001

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97600.00

Current Approval Amount

97600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

96901

Servicing Lender Name

Community 1st CU

Servicing Lender Address

1100 Hutchinson Ave

Servicing Lender City

OTTUMWA

Servicing Lender State

IA

Servicing Lender Zip

52501-9731

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OSKALOOSA

Project County Name

MAHASKA

Project State

IA

Project Zip

52577-0001

CD

IA-01

Jobs Reported

7

NAICS Code

442210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

97600.00

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

96901

Originating Lender

Community 1st CU

Originating Lender City

OTTUMWA

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

98380.80

Forgiveness Date

01/27/2021

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