PPP Loan information for Modak inc

$21,100

Modak inc was initially approved for PPP Loan of amount $21,100, the current approved amount is $21,100. The loan was approved on 02/25/2021 by The First Bank reported 6 jobs and $21,100 was used to fund payroll.

Modak inc is Existing or more than 2 years old

PPP Loan Search / NC / Albemarle / Modak inc

MODAK INC

Date Approved

02/25/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MODAK INC

Borrower Address

502 Salisbury Ave

Borrower City

Albemarle

Borrower State

NC

Borrower Zip

28001-3246

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

21100.00

Current Approval Amount

21100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Albemarle

Project County Name

STANLY

Project State

NC

Project Zip

28001-3246

CD

NC-08

Jobs Reported

6

NAICS Code

447110

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

21096.00

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

Subchapter S Corporation

Originating Lender Location Id

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

21215.46

Forgiveness Date

09/22/2021

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