PPP Loan information for Modern group llc

$300,000

Modern group llc was initially approved for PPP Loan of amount $300,000, the current approved amount is $300,000. The loan was approved on 01/21/2021 by The First Fidelity Bank reported 24 jobs and $300,000 was used to fund payroll.

Modern group llc is Existing or more than 2 years old

MODERN GROUP LLC

Date Approved

01/21/2021

SBA Office Code

0988

Processing Method

PPS

Borrower Name

MODERN GROUP LLC

Borrower Address

7575 E Redfield Rd Ste 131

Borrower City

Scottsdale

Borrower State

AZ

Borrower Zip

85260-2999

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

300000.00

Current Approval Amount

300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59109

Servicing Lender Name

First Fidelity Bank

Servicing Lender Address

5100 N Classen Blvd, Ste 500

Servicing Lender City

OKLAHOMA CITY

Servicing Lender State

OK

Servicing Lender Zip

73118-5269

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Scottsdale

Project County Name

MARICOPA

Project State

AZ

Project Zip

85260-2999

CD

AZ-01

Jobs Reported

24

NAICS Code

321918

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

299998.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

59109

Originating Lender

First Fidelity Bank

Originating Lender City

OKLAHOMA CITY

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

301700.00

Forgiveness Date

08/19/2021

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