PPP Loan information for Modernlinefurniture, inc.

$300,000

Modernlinefurniture, inc. was initially approved for PPP Loan of amount $300,000, the current approved amount is $300,000. The loan was approved on 04/16/2020 by The JPMorgan Chase Bank, National Association reported 26 jobs and $300,000 was used to fund payroll.

Modernlinefurniture, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / LINDEN / Modernlinefurniture, inc.

MODERNLINEFURNITURE, INC.

Date Approved

04/16/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MODERNLINEFURNITURE, INC.

Borrower Address

531 N STILES ST

Borrower City

LINDEN

Borrower State

NJ

Borrower Zip

07036

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

300000.00

Current Approval Amount

300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LINDEN

Project County Name

UNION

Project State

NJ

Project Zip

07036-0001

CD

NJ-10

Jobs Reported

26

NAICS Code

423210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

225000.00

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

20000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

303813.83

Forgiveness Date

07/29/2021

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