PPP Loan information for Modern engine inc

$103,275

Modern engine inc was initially approved for PPP Loan of amount $103,275, the current approved amount is $103,275. The loan was approved on 02/04/2021 by The JPMorgan Chase Bank, National Association reported 13 jobs and $103,275 was used to fund payroll.

Modern engine inc is Existing or more than 2 years old

MODERN ENGINE INC

Date Approved

02/04/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

MODERN ENGINE INC

Borrower Address

701 Sonora Ave

Borrower City

Glendale

Borrower State

CA

Borrower Zip

91201-2431

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

103275.00

Current Approval Amount

103275.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Glendale

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91201-2431

CD

CA-30

Jobs Reported

13

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

103273.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

104365.81

Forgiveness Date

03/01/2022

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