PPP Loan information for Modern llc

$121,400

Modern llc was initially approved for PPP Loan of amount $121,400, the current approved amount is $121,400. The loan was approved on 01/16/2021 by The Maine Community Bank reported 14 jobs and $121,400 was used to fund payroll.

Modern llc is Existing or more than 2 years old

MODERN LLC

Date Approved

01/16/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

MODERN LLC

Borrower Address

50 Main St

Borrower City

Kennebunk

Borrower State

ME

Borrower Zip

04043-7021

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

121400.00

Current Approval Amount

121400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29614

Servicing Lender Name

Maine Community Bank

Servicing Lender Address

254 Main St

Servicing Lender City

BIDDEFORD

Servicing Lender State

ME

Servicing Lender Zip

04005-2400

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kennebunk

Project County Name

YORK

Project State

ME

Project Zip

04043-7021

CD

ME-01

Jobs Reported

14

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

121398.00

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

29614

Originating Lender

Maine Community Bank

Originating Lender City

BIDDEFORD

Originating Lender State

ME

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

122020.49

Forgiveness Date

07/30/2021

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