PPP Loan information for Modern foods inc

$219,700

Modern foods inc was initially approved for PPP Loan of amount $219,700, the current approved amount is $219,700. The loan was approved on 02/03/2021 by The Community Trust Bank, Inc. reported 29 jobs and $219,700 was used to fund payroll.

Modern foods inc is Existing or more than 2 years old

PPP Loan Search / KY / Ashland / Modern foods inc

MODERN FOODS INC

Date Approved

02/03/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

MODERN FOODS INC

Borrower Address

4926 Roberts Dr

Borrower City

Ashland

Borrower State

KY

Borrower Zip

41102-8311

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

219700.00

Current Approval Amount

219700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27783

Servicing Lender Name

Community Trust Bank, Inc.

Servicing Lender Address

346 N Mayo Trl

Servicing Lender City

PIKEVILLE

Servicing Lender State

KY

Servicing Lender Zip

41501-1847

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ashland

Project County Name

BOYD

Project State

KY

Project Zip

41102-8311

CD

KY-05

Jobs Reported

29

NAICS Code

424430

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

219697.00

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

27783

Originating Lender

Community Trust Bank, Inc.

Originating Lender City

PIKEVILLE

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

221271.01

Forgiveness Date

10/29/2021

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