PPP Loan information for Modern pharmacy inc

$111,100

Modern pharmacy inc was initially approved for PPP Loan of amount $111,100, the current approved amount is $111,100. The loan was approved on 04/29/2020 by The First-Citizens Bank & Trust Company reported 24 jobs and $111,100 was used to fund payroll.

Modern pharmacy inc is New Business or 2 years or less

MODERN PHARMACY INC

Date Approved

04/29/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

MODERN PHARMACY INC

Borrower Address

155 S MAIN ST

Borrower City

DANVILLE

Borrower State

VA

Borrower Zip

24541-2921

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

111100.00

Current Approval Amount

111100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

DANVILLE

Project County Name

DANVILLE CITY

Project State

VA

Project Zip

24541-2921

CD

VA-05

Jobs Reported

24

NAICS Code

621399

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

111100.00

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

Subchapter S Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

112101.42

Forgiveness Date

03/30/2021

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