PPP Loan information for Modern graphics, inc

$72,500

Modern graphics, inc was initially approved for PPP Loan of amount $72,500, the current approved amount is $72,500. The loan was approved on 04/09/2020 by The First Resource Bank reported 5 jobs and $72,500 was used to fund payroll.

Modern graphics, inc is Existing or more than 2 years old

MODERN GRAPHICS, INC

Date Approved

04/09/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

MODERN GRAPHICS, INC

Borrower Address

118 Dickerson Road

Borrower City

NORTH WALES

Borrower State

PA

Borrower Zip

19454-2523

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72500.00

Current Approval Amount

72500.00

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

19454-2523

CD

PA-04

Jobs Reported

5

NAICS Code

424990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

72500.00

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

73031.67

Forgiveness Date

01/07/2021

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