PPP Loan information for Modern solution inc

$15,000

Modern solution inc was initially approved for PPP Loan of amount $15,000, the current approved amount is $15,000. The loan was approved on 02/12/2021 by The U.S. Bank, National Association reported 1 jobs and $15,000 was used to fund payroll.

Modern solution inc is Existing or more than 2 years old

PPP Loan Search / MI / YPSILANTI / Modern solution inc

MODERN SOLUTION INC

Date Approved

02/12/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MODERN SOLUTION INC

Borrower Address

4585 CHERRY DR

Borrower City

YPSILANTI

Borrower State

MI

Borrower Zip

48197

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

15000.00

Current Approval Amount

15000.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

YPSILANTI

Project County Name

WASHTENAW

Project State

MI

Project Zip

48197

CD

MI-07

Jobs Reported

1

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

14998.00

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

15069.17

Forgiveness Date

08/04/2021

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