PPP Loan information for Modern motor coaches, inc

$398,100

Modern motor coaches, inc was initially approved for PPP Loan of amount $398,100, the current approved amount is $398,100. The loan was approved on 04/03/2020 by The First Midwest Bank of the Ozarks reported 37 jobs and $398,100 was used to fund payroll.

Modern motor coaches, inc is New Business or 2 years or less

MODERN MOTOR COACHES, INC

Date Approved

04/03/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

MODERN MOTOR COACHES, INC

Borrower Address

992 Highway D

Borrower City

SULLIVAN

Borrower State

MO

Borrower Zip

63080-2595

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

398100.00

Current Approval Amount

398100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41225

Servicing Lender Name

First Midwest Bank of the Ozarks

Servicing Lender Address

704 N Westwood Blvd

Servicing Lender City

POPLAR BLUFF

Servicing Lender State

MO

Servicing Lender Zip

63901-4723

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SULLIVAN

Project County Name

CRAWFORD

Project State

MO

Project Zip

63080-2595

CD

MO-03

Jobs Reported

37

NAICS Code

484210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

19905.00

Payroll Proceed

338385.00

Mortgage Interest Proceed

39810.00

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

41225

Originating Lender

First Midwest Bank of the Ozarks

Originating Lender City

POPLAR BLUFF

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

400881.25

Forgiveness Date

12/22/2020

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