PPP Loan information for Modern mill, inc.

$406,100

Modern mill, inc. was initially approved for PPP Loan of amount $406,100, the current approved amount is $406,100. The loan was approved on 04/16/2020 by The Regions Bank reported 26 jobs and $406,100 was used to fund payroll.

Modern mill, inc. is Existing or more than 2 years old

PPP Loan Search / MS / Summit / Modern mill, inc.

MODERN MILL, INC.

Date Approved

04/16/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

MODERN MILL, INC.

Borrower Address

1301 Highway 51 N

Borrower City

Summit

Borrower State

MS

Borrower Zip

39666-8245

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

406100.00

Current Approval Amount

406100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Summit

Project County Name

PIKE

Project State

MS

Project Zip

39666-8245

CD

MS-03

Jobs Reported

26

NAICS Code

326199

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

406100.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

398227.00

Forgiveness Date

11/10/2020

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