PPP Loan information for Modernfold/styles inc

$2,000,000

Modernfold/styles inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/22/2021 by The Columbia Bank reported 89 jobs and $2,000,000 was used to fund payroll.

Modernfold/styles inc is Existing or more than 2 years old

MODERNFOLD/STYLES INC

Date Approved

01/22/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MODERNFOLD/STYLES INC

Borrower Address

15 Empire Blvd

Borrower City

South Hackensack

Borrower State

NJ

Borrower Zip

07606-1805

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80189

Servicing Lender Name

Columbia Bank

Servicing Lender Address

19-01 Rte 208 N

Servicing Lender City

FAIR LAWN

Servicing Lender State

NJ

Servicing Lender Zip

07410-2832

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Hackensack

Project County Name

BERGEN

Project State

NJ

Project Zip

07606-1805

CD

NJ-09

Jobs Reported

89

NAICS Code

238390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

80189

Originating Lender

Columbia Bank

Originating Lender City

FAIR LAWN

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2017424.66

Forgiveness Date

12/08/2021

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