PPP Loan information for Modern manufacturing international llc

$168,370

Modern manufacturing international llc was initially approved for PPP Loan of amount $168,370, the current approved amount is $168,370. The loan was approved on 02/10/2021 by The Kensington Bank reported 16 jobs and $168,370 was used to fund payroll.

Modern manufacturing international llc is Existing or more than 2 years old

MODERN MANUFACTURING INTERNATIONAL LLC

Date Approved

02/10/2021

SBA Office Code

0508

Processing Method

PPS

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

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

168370.48

Current Approval Amount

168370.48

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

Existing or more than 2 years old

Project City

Little Falls

Project County Name

MORRISON

Project State

MN

Project Zip

56345-1022

CD

MN-07

Jobs Reported

16

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

168365.48

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

169867.11

Forgiveness Date

01/13/2022

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