PPP Loan information for Modern lift inc.

$594,995

Modern lift inc. was initially approved for PPP Loan of amount $594,995, the current approved amount is $594,995. The loan was approved on 04/30/2020 by The BMO Harris Bank National Association reported 15 jobs and $594,995 was used to fund payroll.

Modern lift inc. is New Business or 2 years or less

MODERN LIFT INC.

Date Approved

04/30/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

MODERN LIFT INC.

Borrower Address

6080 S Masterson Ave

Borrower City

Tucson

Borrower State

AZ

Borrower Zip

85706

Loan Status Date

02/01/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

594995.00

Current Approval Amount

594995.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21442

Servicing Lender Name

BMO Harris Bank National Association

Servicing Lender Address

111 W Monroe St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-4096

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Tucson

Project County Name

PIMA

Project State

AZ

Project Zip

85706-0001

CD

AZ-06

Jobs Reported

15

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

594995.00

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

Subchapter S Corporation

Originating Lender Location Id

21442

Originating Lender

BMO Harris Bank National Association

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

601176.34

Forgiveness Date

05/21/2021

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