PPP Loan information for Modern graphics

$75,000

Modern graphics was initially approved for PPP Loan of amount $75,000, the current approved amount is $75,000. The loan was approved on 01/27/2021 by The First Resource Bank reported 6 jobs and $75,000 was used to fund payroll.

Modern graphics is Existing or more than 2 years old

MODERN GRAPHICS

Date Approved

01/27/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

MODERN GRAPHICS

Borrower Address

118 Dickerson Rd Ste B

Borrower City

North Wales

Borrower State

PA

Borrower Zip

19454-2538

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

75000.00

Current Approval Amount

75000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434113

Servicing Lender Name

First Resource Bank

Servicing Lender Address

1 E Uwchlan Ave, Ste 410

Servicing Lender City

EXTON

Servicing Lender State

PA

Servicing Lender Zip

19341-1271

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Wales

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19454-2538

CD

PA-04

Jobs Reported

6

NAICS Code

541613

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

74997.00

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

434113

Originating Lender

First Resource Bank

Originating Lender City

EXTON

Originating Lender State

PA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

75285.42

Forgiveness Date

06/15/2021

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