PPP Loan information for Modular systems, inc.

$65,000

Modular systems, inc. was initially approved for PPP Loan of amount $65,000, the current approved amount is $65,000. The loan was approved on 04/16/2020 by The Fifth Third Bank reported 6 jobs and $65,000 was used to fund payroll.

Modular systems, inc. is Existing or more than 2 years old

MODULAR SYSTEMS, INC.

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MODULAR SYSTEMS, INC.

Borrower Address

169 PARK ST

Borrower City

FRUITPORT

Borrower State

MI

Borrower Zip

49415

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65000.00

Current Approval Amount

65000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRUITPORT

Project County Name

MUSKEGON

Project State

MI

Project Zip

49415-0001

CD

MI-02

Jobs Reported

6

NAICS Code

332510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

65000.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

65651.81

Forgiveness Date

04/22/2021

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