PPP Loan information for Modern llc

$86,700

Modern llc was initially approved for PPP Loan of amount $86,700, the current approved amount is $86,700. The loan was approved on 04/09/2020 by The Maine Community Bank reported 12 jobs and $86,700 was used to fund payroll.

Modern llc is Existing or more than 2 years old

MODERN LLC

Date Approved

04/09/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

MODERN LLC

Borrower Address

50 Main Street

Borrower City

KENNEBUNK

Borrower State

ME

Borrower Zip

04043-7021

Loan Status Date

11/20/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86700.00

Current Approval Amount

86700.00

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

12

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2800.00

Payroll Proceed

74494.00

Mortgage Interest Proceed

0.00

Rent Proceed

9406.00

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

77085.63

Forgiveness Date

10/16/2020

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