PPP Loan information for Modern freezing systems, inc.

$179,200

Modern freezing systems, inc. was initially approved for PPP Loan of amount $126,700, the current approved amount is $179,200. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 10 jobs and $179,200 was used to fund payroll.

Modern freezing systems, inc. is Existing or more than 2 years old

MODERN FREEZING SYSTEMS, INC.

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MODERN FREEZING SYSTEMS, INC.

Borrower Address

352 Newbold Road

Borrower City

Fairless Hills

Borrower State

PA

Borrower Zip

19030

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

126700.00

Current Approval Amount

179200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fairless Hills

Project County Name

BUCKS

Project State

PA

Project Zip

19030-0001

CD

PA-01

Jobs Reported

10

NAICS Code

333415

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

179200.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

181301.30

Forgiveness Date

06/28/2021

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