Date Approved
04/06/2020
SBA Office Code
0766
Processing Method
PPP
Borrower Name
MODERN FARM EQUIPMENT CORP
Borrower Address
PO BOX 467
Borrower City
GORDON
Borrower State
NE
Borrower Zip
69343-0467
Loan Status Date
07/08/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
434259.17
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
42346
Servicing Lender Name
MNB Bank
Servicing Lender Address
220 Norris Ave
Servicing Lender City
MCCOOK
Servicing Lender State
Servicing Lender Zip
69001-3703
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SHERIDAN
Project State
Project Zip
CD
NE-03
Jobs Reported
44
NAICS Code
423820
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
325694.37
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
108564.80
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
437733.24
Forgiveness Date
01/28/2021