PPP Loan information for Modern floors company inc

$279,867

Modern floors company inc was initially approved for PPP Loan of amount $279,867, the current approved amount is $279,867. The loan was approved on 02/13/2021 by The Loan Source Incorporated reported 14 jobs and $279,867 was used to fund payroll.

Modern floors company inc is Existing or more than 2 years old

PPP Loan Search / NJ / Ramsey / Modern floors company inc

MODERN FLOORS COMPANY INC

Date Approved

02/13/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MODERN FLOORS COMPANY INC

Borrower Address

75 Orchard St

Borrower City

Ramsey

Borrower State

NJ

Borrower Zip

07446-1134

Loan Status Date

05/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

279867.00

Current Approval Amount

279867.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ramsey

Project County Name

BERGEN

Project State

NJ

Project Zip

07446-1134

CD

NJ-05

Jobs Reported

14

NAICS Code

238330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

279866.00

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

80189

Originating Lender

Columbia Bank

Originating Lender City

FAIR LAWN

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

283087.39

Forgiveness Date

04/14/2022

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