PPP Loan information for Modern development company

$702,595

Modern development company was initially approved for PPP Loan of amount $702,595, the current approved amount is $702,595. The loan was approved on 01/28/2021 by The Wells Fargo Bank, National Association reported 83 jobs and $702,595 was used to fund payroll.

Modern development company is Existing or more than 2 years old

PPP Loan Search / CA / Costa Mesa / Modern development company

MODERN DEVELOPMENT COMPANY

Date Approved

01/28/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

MODERN DEVELOPMENT COMPANY

Borrower Address

3146 Red Hill Ave Ste 220

Borrower City

Costa Mesa

Borrower State

CA

Borrower Zip

92626-3415

Loan Status Date

11/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

702595.00

Current Approval Amount

702595.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Costa Mesa

Project County Name

ORANGE

Project State

CA

Project Zip

92626-3415

CD

CA-47

Jobs Reported

83

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

702592.00

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

Housing Co-op

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

714490.99

Forgiveness Date

10/20/2022

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