PPP Loan information for Modern carpets inc
$163,158
Modern carpets inc was initially approved for PPP Loan of amount $163,158, the current approved amount is $163,158. The loan was approved on 01/19/2021 by The Eastern Savings Bank, FSB reported 13 jobs and $163,158 was used to fund payroll.
Modern carpets inc is Existing or more than 2 years old
MODERN CARPETS INC
Date Approved
01/19/2021
SBA Office Code
0353
Processing Method
PPS
Borrower Name
MODERN CARPETS INC
Borrower Address
4319 Saint Barnabas Rd
Borrower City
Temple Hills
Borrower State
MD
Borrower Zip
20748-1833
Loan Status Date
02/11/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
163157.50
Current Approval Amount
163157.50
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
89314
Servicing Lender Name
Eastern Savings Bank, FSB
Servicing Lender Address
11350 McCormick Rd, Ste 200
Servicing Lender City
HUNT VALLEY
Servicing Lender State
MD
Servicing Lender Zip
21031-1002
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Temple Hills
Project County Name
PRINCE GEORGES
Project State
MD
Project Zip
20748-1833
CD
MD-04
Jobs Reported
13
NAICS Code
442210
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
163153.50
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
Corporation
Originating Lender Location Id
89314
Originating Lender
Eastern Savings Bank, FSB
Originating Lender City
HUNT VALLEY
Originating Lender State
MD
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
165319.34
Forgiveness Date
05/16/2022