PPP Loan information for Modern muffler inc.

$171,600

Modern muffler inc. was initially approved for PPP Loan of amount $171,600, the current approved amount is $171,600. The loan was approved on 04/03/2020 by The NebraskaLand Bank reported 23 jobs and $171,600 was used to fund payroll.

Modern muffler inc. is Existing or more than 2 years old

PPP Loan Search / NE / NORTH PLATTE / Modern muffler inc.

MODERN MUFFLER INC.

Date Approved

04/03/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

MODERN MUFFLER INC.

Borrower Address

1402 S JEFFERS ST

Borrower City

NORTH PLATTE

Borrower State

NE

Borrower Zip

69101-6039

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

171600.00

Current Approval Amount

171600.00

Undisbursed Amount

0.00

Franchise Name

Tire Pros

Servicing Lender Location Id

122813

Servicing Lender Name

NebraskaLand Bank

Servicing Lender Address

1400 S Dewey St

Servicing Lender City

NORTH PLATTE

Servicing Lender State

NE

Servicing Lender Zip

69101-7605

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH PLATTE

Project County Name

LINCOLN

Project State

NE

Project Zip

69101-6039

CD

NE-03

Jobs Reported

23

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6000.00

Payroll Proceed

143600.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

10000.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

122813

Originating Lender

NebraskaLand Bank

Originating Lender City

NORTH PLATTE

Originating Lender State

NE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

162658.15

Forgiveness Date

12/09/2020

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