PPP Loan information for Modern grain inc

$50,100

Modern grain inc was initially approved for PPP Loan of amount $66,100, the current approved amount is $50,100. The loan was approved on 04/03/2020 by The Choice Financial Group reported 6 jobs and $50,100 was used to fund payroll.

Modern grain inc is Existing or more than 2 years old

MODERN GRAIN INC

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

MODERN GRAIN INC

Borrower Address

MAIN ST510 Main St

Borrower City

HEBRON

Borrower State

ND

Borrower Zip

58638-7075

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

66100.00

Current Approval Amount

50100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52934

Servicing Lender Name

Choice Financial Group

Servicing Lender Address

4501 23rd Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8782

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HEBRON

Project County Name

MORTON

Project State

ND

Project Zip

58638-7075

CD

ND-

Jobs Reported

6

NAICS Code

424510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

50100.00

Payroll Proceed

0.00

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

52934

Originating Lender

Choice Financial Group

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50643.55

Forgiveness Date

05/24/2021

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