PPP Loan information for Modern roots inc

$30,900

Modern roots inc was initially approved for PPP Loan of amount $30,900, the current approved amount is $30,900. The loan was approved on 04/29/2020 by The CorTrust Bank National Association reported 15 jobs and $30,900 was used to fund payroll.

Modern roots inc is Existing or more than 2 years old

PPP Loan Search / MN / BUFFALO / Modern roots inc

MODERN ROOTS INC

Date Approved

04/29/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MODERN ROOTS INC

Borrower Address

205 5TH ST NE # 4

Borrower City

BUFFALO

Borrower State

MN

Borrower Zip

55313-5406

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30900.00

Current Approval Amount

30900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66414

Servicing Lender Name

CorTrust Bank National Association

Servicing Lender Address

100 E Havens Ave

Servicing Lender City

MITCHELL

Servicing Lender State

SD

Servicing Lender Zip

57301-4026

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BUFFALO

Project County Name

WRIGHT

Project State

MN

Project Zip

55313-5406

CD

MN-06

Jobs Reported

15

NAICS Code

446120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

30900.00

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

66414

Originating Lender

CorTrust Bank National Association

Originating Lender City

MITCHELL

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

31132.81

Forgiveness Date

02/09/2021

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