PPP Loan information for Modern heating and cooling, inc.

$185,700

Modern heating and cooling, inc. was initially approved for PPP Loan of amount $185,700, the current approved amount is $185,700. The loan was approved on 04/08/2020 by The Centier Bank reported 18 jobs and $185,700 was used to fund payroll.

Modern heating and cooling, inc. is Existing or more than 2 years old

MODERN HEATING AND COOLING, INC.

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MODERN HEATING AND COOLING, INC.

Borrower Address

137 JOLIET ST

Borrower City

SCHERERVILLE

Borrower State

IN

Borrower Zip

46375-2012

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

185700.00

Current Approval Amount

185700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24502

Servicing Lender Name

Centier Bank

Servicing Lender Address

1500 119th St

Servicing Lender City

WHITING

Servicing Lender State

IN

Servicing Lender Zip

46394-1733

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCHERERVILLE

Project County Name

LAKE

Project State

IN

Project Zip

46375-2012

CD

IN-01

Jobs Reported

18

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

185700.00

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

24502

Originating Lender

Centier Bank

Originating Lender City

WHITING

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

186977.01

Forgiveness Date

12/30/2020

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