PPP Loan information for Modern press inc.

$225,427

Modern press inc. was initially approved for PPP Loan of amount $225,427, the current approved amount is $225,427. The loan was approved on 02/11/2021 by The U.S. Bank, National Association reported 17 jobs and $225,427 was used to fund payroll.

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

PPP Loan Search / MN / New Brighton / Modern press inc.

MODERN PRESS INC.

Date Approved

02/11/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MODERN PRESS INC.

Borrower Address

808 1st St SW

Borrower City

New Brighton

Borrower State

MN

Borrower Zip

55112-6810

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

225427.00

Current Approval Amount

225427.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

New Brighton

Project County Name

RAMSEY

Project State

MN

Project Zip

55112-6810

CD

MN-04

Jobs Reported

17

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

225425.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

227399.49

Forgiveness Date

12/29/2021

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