PPP Loan information for Modern painting inc.

$71,780

Modern painting inc. was initially approved for PPP Loan of amount $71,780, the current approved amount is $71,780. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 12 jobs and $71,780 was used to fund payroll.

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

PPP Loan Search / IA / WATERLOO / Modern painting inc.

MODERN PAINTING INC.

Date Approved

05/01/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MODERN PAINTING INC.

Borrower Address

1010 UPTON AVE

Borrower City

WATERLOO

Borrower State

IA

Borrower Zip

50701

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71780.00

Current Approval Amount

71780.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERLOO

Project County Name

BLACK HAWK

Project State

IA

Project Zip

50701-1000

CD

IA-02

Jobs Reported

12

NAICS Code

238320

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

71780.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

72268.50

Forgiveness Date

01/07/2021

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