PPP Loan information for Modern tile & carpet inc.

$169,867

Modern tile & carpet inc. was initially approved for PPP Loan of amount $169,867, the current approved amount is $169,867. The loan was approved on 01/19/2021 by The Southern Michigan Bank & Trust reported 12 jobs and $169,867 was used to fund payroll.

Modern tile & carpet inc. is Existing or more than 2 years old

PPP Loan Search / MI / Portage / Modern tile & carpet inc.

MODERN TILE & CARPET INC.

Date Approved

01/19/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MODERN TILE & CARPET INC.

Borrower Address

6170 Lovers Ln

Borrower City

Portage

Borrower State

MI

Borrower Zip

49002-3026

Loan Status Date

04/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

169867.00

Current Approval Amount

169867.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33720

Servicing Lender Name

Southern Michigan Bank & Trust

Servicing Lender Address

51 W Pearl St

Servicing Lender City

COLDWATER

Servicing Lender State

MI

Servicing Lender Zip

49036-1933

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Portage

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49002-3026

CD

MI-06

Jobs Reported

12

NAICS Code

442210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

169865.00

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

33720

Originating Lender

Southern Michigan Bank & Trust

Originating Lender City

COLDWATER

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

172045.02

Forgiveness Date

05/17/2022

;