PPP Loan information for Modtrans, llc

$58,128

Modtrans, llc was initially approved for PPP Loan of amount $58,128, the current approved amount is $58,128. The loan was approved on 04/15/2020 by The Cache Valley Bank reported 4 jobs and $58,128 was used to fund payroll.

Modtrans, llc is Existing or more than 2 years old

MODTRANS, LLC

Date Approved

04/15/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

MODTRANS, LLC

Borrower Address

510 PO BOX

Borrower City

MORONI

Borrower State

UT

Borrower Zip

84646-0510

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58127.50

Current Approval Amount

58127.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MORONI

Project County Name

SANPETE

Project State

UT

Project Zip

84646-0510

CD

UT-04

Jobs Reported

4

NAICS Code

484230

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

58127.50

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

Subchapter S Corporation

Originating Lender Location Id

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Veteran

Non Profit

Forgiveness Amount

58776.59

Forgiveness Date

06/01/2021

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