PPP Loan information for Modular concepts inc

$189,506

Modular concepts inc was initially approved for PPP Loan of amount $189,506, the current approved amount is $189,506. The loan was approved on 04/15/2020 by The Fulton Bank, National Association reported 13 jobs and $189,506 was used to fund payroll.

Modular concepts inc is Existing or more than 2 years old

PPP Loan Search / MD / Chesapeake City / Modular concepts inc

MODULAR CONCEPTS INC

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

MODULAR CONCEPTS INC

Borrower Address

54 Wilmon St

Borrower City

Chesapeake City

Borrower State

MD

Borrower Zip

21915

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

189506.00

Current Approval Amount

189506.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chesapeake City

Project County Name

CECIL

Project State

MD

Project Zip

21915-0001

CD

MD-01

Jobs Reported

13

NAICS Code

238390

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

189506.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

191079.95

Forgiveness Date

02/18/2021

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