Date Approved
01/25/2021
SBA Office Code
0299
Processing Method
PPS
Borrower Name
MODERN INDUSTRIES INC
Borrower Address
555 US Highway 1 S Ste 130
Borrower City
Iselin
Borrower State
NJ
Borrower Zip
08830-3179
Loan Status Date
10/16/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
114433.22
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
462816
Servicing Lender Name
Hanover Community Bank
Servicing Lender Address
80 East Jericho Turnpike
Servicing Lender City
Mineola
Servicing Lender State
NY
Servicing Lender Zip
11501
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MIDDLESEX
Project State
Project Zip
CD
NJ-06
Jobs Reported
11
NAICS Code
484220
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
114428.22
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
115186.57
Forgiveness Date
09/24/2021