PPP Loan information for Modern trailer sales inc

$688,051

Modern trailer sales inc was initially approved for PPP Loan of amount $688,051, the current approved amount is $688,051. The loan was approved on 04/07/2020 by The First Merchants Bank reported 46 jobs and $688,051 was used to fund payroll.

Modern trailer sales inc is Existing or more than 2 years old

PPP Loan Search / IN / ANDERSON / Modern trailer sales inc

MODERN TRAILER SALES INC

Date Approved

04/07/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MODERN TRAILER SALES INC

Borrower Address

2730 W 53RD ST

Borrower City

ANDERSON

Borrower State

IN

Borrower Zip

46013-2335

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

688051.00

Current Approval Amount

688051.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANDERSON

Project County Name

MADISON

Project State

IN

Project Zip

46013-2335

CD

IN-05

Jobs Reported

46

NAICS Code

441210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

688051.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

693159.54

Forgiveness Date

01/12/2021

;