PPP Loan information for Modern signs, llc

$148,700

Modern signs, llc was initially approved for PPP Loan of amount $148,700, the current approved amount is $148,700. The loan was approved on 04/04/2020 by The Merchants & Marine Bank reported 10 jobs and $148,700 was used to fund payroll.

Modern signs, llc is Existing or more than 2 years old

PPP Loan Search / AL / GULF SHORES / Modern signs, llc

MODERN SIGNS, LLC

Date Approved

04/04/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

MODERN SIGNS, LLC

Borrower Address

869 COMMERCE DR

Borrower City

GULF SHORES

Borrower State

AL

Borrower Zip

36542-2816

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

148700.00

Current Approval Amount

148700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39666

Servicing Lender Name

Merchants & Marine Bank

Servicing Lender Address

3118 Pascagoula St

Servicing Lender City

PASCAGOULA

Servicing Lender State

MS

Servicing Lender Zip

39567-4215

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GULF SHORES

Project County Name

BALDWIN

Project State

AL

Project Zip

36542-2816

CD

AL-01

Jobs Reported

10

NAICS Code

339950

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

113700.00

Mortgage Interest Proceed

0.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

15000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

39666

Originating Lender

Merchants & Marine Bank

Originating Lender City

PASCAGOULA

Originating Lender State

MS

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

139647.78

Forgiveness Date

12/17/2020

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