PPP Loan information for Modern transportation & logistics corp

$119,780

Modern transportation & logistics corp was initially approved for PPP Loan of amount $119,780, the current approved amount is $119,780. The loan was approved on 01/20/2021 by The Hanover Community Bank reported 9 jobs and $119,780 was used to fund payroll.

Modern transportation & logistics corp is Existing or more than 2 years old

PPP Loan Search / NJ / Iselin / Modern transportation & logistics corp

MODERN TRANSPORTATION & LOGISTICS CORP

Date Approved

01/20/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MODERN TRANSPORTATION & LOGISTICS CORP

Borrower Address

555 US Highway 1 S Ste 130

Borrower City

Iselin

Borrower State

NJ

Borrower Zip

08830-3179

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

119780.17

Current Approval Amount

119780.17

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

462816

Servicing Lender Name

Hanover Community Bank

Servicing Lender Address

80 East Jericho Turnpike

Servicing Lender City

Mineola

Servicing Lender State

NY

Servicing Lender Zip

11501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Iselin

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08830-3179

CD

NJ-06

Jobs Reported

9

NAICS Code

484220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

119776.17

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

462816

Originating Lender

Hanover Community Bank

Originating Lender City

Mineola

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

120572.05

Forgiveness Date

09/24/2021

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