PPP Loan information for Modern manufacturing international, llc

$188,400

Modern manufacturing international, llc was initially approved for PPP Loan of amount $188,400, the current approved amount is $188,400. The loan was approved on 04/03/2020 by The Kensington Bank reported 18 jobs and $188,400 was used to fund payroll.

Modern manufacturing international, llc is New Business or 2 years or less

PPP Loan Search / MN / LITTLE FALLS / Modern manufacturing international, llc

MODERN MANUFACTURING INTERNATIONAL, LLC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MODERN MANUFACTURING INTERNATIONAL, LLC

Borrower Address

309 13th Ave NW

Borrower City

LITTLE FALLS

Borrower State

MN

Borrower Zip

56345-1022

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

188400.00

Current Approval Amount

188400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38282

Servicing Lender Name

Kensington Bank

Servicing Lender Address

11 N Central Ave

Servicing Lender City

KENSINGTON

Servicing Lender State

MN

Servicing Lender Zip

56343-4400

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LITTLE FALLS

Project County Name

MORRISON

Project State

MN

Project Zip

56345-1022

CD

MN-07

Jobs Reported

18

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

188400.00

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

38282

Originating Lender

Kensington Bank

Originating Lender City

KENSINGTON

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

189975.23

Forgiveness Date

02/09/2021

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