PPP Loan information for Modern classics auto group inc

$163,427

Modern classics auto group inc was initially approved for PPP Loan of amount $163,427, the current approved amount is $163,427. The loan was approved on 05/28/2021 by The Customers Bank reported 11 jobs and $163,427 was used to fund payroll.

Modern classics auto group inc is Existing or more than 2 years old

MODERN CLASSICS AUTO GROUP INC

Date Approved

05/28/2021

SBA Office Code

0455

Processing Method

PPP

Borrower Name

MODERN CLASSICS AUTO GROUP INC

Borrower Address

2025 NE 154th St

Borrower City

North Miami Beach

Borrower State

FL

Borrower Zip

33162-6023

Loan Status Date

08/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

163427.00

Current Approval Amount

163427.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Miami Beach

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33162-6023

CD

FL-24

Jobs Reported

11

NAICS Code

811121

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

163424.00

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

433060

Originating Lender

The Enterprise Center Capital Corporation

Originating Lender City

Philadelphia

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

165258.28

Forgiveness Date

07/18/2022

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