PPP Loan information for Modern press inc.

$60,015

Modern press inc. was initially approved for PPP Loan of amount $60,015, the current approved amount is $60,015. The loan was approved on 02/22/2021 by The Loan Source Incorporated reported 6 jobs and $60,015 was used to fund payroll.

Modern press inc. is Existing or more than 2 years old

MODERN PRESS INC.

Date Approved

02/22/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

MODERN PRESS INC.

Borrower Address

683 Garfield Ave

Borrower City

Jersey City

Borrower State

NJ

Borrower Zip

07305-4213

Loan Status Date

07/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

60015.00

Current Approval Amount

60015.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Jersey City

Project County Name

HUDSON

Project State

NJ

Project Zip

07305-4213

CD

NJ-10

Jobs Reported

6

NAICS Code

423450

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

60013.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60771.35

Forgiveness Date

06/02/2022

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