Date Approved
04/07/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
MODERN TRACTOR COMPANY
Borrower Address
114 N HARGETT ST
Borrower City
RICHLANDS
Borrower State
NC
Borrower Zip
28574-7197
Loan Status Date
03/26/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
53388.37
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
463909
Servicing Lender Name
Coastal Bank & Trust
Servicing Lender Address
2414 N Marine Blvd
Servicing Lender City
JACKSONVILLE
Servicing Lender State
Servicing Lender Zip
28546-6907
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ONSLOW
Project State
Project Zip
CD
NC-03
Jobs Reported
6
NAICS Code
811310
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
53821.41
Forgiveness Date
02/04/2021