PPP Loan information for Modern insurance services, llc

$21,700

Modern insurance services, llc was initially approved for PPP Loan of amount $21,700, the current approved amount is $21,700. The loan was approved on 04/06/2020 by The Midwest Bank reported 1 jobs and $21,700 was used to fund payroll.

Modern insurance services, llc is Existing or more than 2 years old

PPP Loan Search / MN / DETROIT LAKES / Modern insurance services, llc

MODERN INSURANCE SERVICES, LLC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MODERN INSURANCE SERVICES, LLC

Borrower Address

501 W MAIN ST

Borrower City

DETROIT LAKES

Borrower State

MN

Borrower Zip

56501-2917

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

21700.00

Current Approval Amount

21700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39006

Servicing Lender Name

Midwest Bank

Servicing Lender Address

613 Hwy 10 E

Servicing Lender City

DETROIT LAKES

Servicing Lender State

MN

Servicing Lender Zip

56501-4127

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DETROIT LAKES

Project County Name

BECKER

Project State

MN

Project Zip

56501-2917

CD

MN-07

Jobs Reported

1

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

21700.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39006

Originating Lender

Midwest Bank

Originating Lender City

DETROIT LAKES

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

21976.45

Forgiveness Date

07/26/2021

;