PPP Loan information for Modern mill inc

$403,800

Modern mill inc was initially approved for PPP Loan of amount $403,802, the current approved amount is $403,800. The loan was approved on 01/20/2021 by The Pike National Bank reported 52 jobs and $403,800 was used to fund payroll.

Modern mill inc is Existing or more than 2 years old

MODERN MILL INC

Date Approved

01/20/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

MODERN MILL INC

Borrower Address

1140 Frank Oaks Rd

Borrower City

McComb

Borrower State

MS

Borrower Zip

39648-8013

Loan Status Date

02/01/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

403802.00

Current Approval Amount

403800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39572

Servicing Lender Name

Pike National Bank

Servicing Lender Address

350 Rawls Dr

Servicing Lender City

MCCOMB

Servicing Lender State

MS

Servicing Lender Zip

39648-2834

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

McComb

Project County Name

PIKE

Project State

MS

Project Zip

39648-8013

CD

MS-03

Jobs Reported

52

NAICS Code

326199

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

403794.00

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

39572

Originating Lender

Pike National Bank

Originating Lender City

MCCOMB

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

407535.15

Forgiveness Date

12/21/2021

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