PPP Loan information for Modern mechanical, llc

$551,400

Modern mechanical, llc was initially approved for PPP Loan of amount $575,700, the current approved amount is $551,400. The loan was approved on 04/04/2020 by The MainStreet Bank reported 37 jobs and $551,400 was used to fund payroll.

Modern mechanical, llc is Existing or more than 2 years old

PPP Loan Search / VA / ASHBURN / Modern mechanical, llc

MODERN MECHANICAL, LLC

Date Approved

04/04/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

MODERN MECHANICAL, LLC

Borrower Address

21730 RED RUM DR Unit 182

Borrower City

ASHBURN

Borrower State

VA

Borrower Zip

20147-5863

Loan Status Date

06/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

575700.00

Current Approval Amount

551400.00

Undisbursed Amount

0.00

Franchise Name

One Hour Air Conditioning & Heating

Servicing Lender Location Id

378264

Servicing Lender Name

MainStreet Bank

Servicing Lender Address

10089 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-1742

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ASHBURN

Project County Name

LOUDOUN

Project State

VA

Project Zip

20147-5863

CD

VA-10

Jobs Reported

37

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

551400.00

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

378264

Originating Lender

MainStreet Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

544974.72

Forgiveness Date

12/09/2020

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