PPP Loan information for Modern services

$116,200

Modern services was initially approved for PPP Loan of amount $116,200, the current approved amount is $116,200. The loan was approved on 04/18/2021 by The First Security Bank reported 16 jobs and $116,200 was used to fund payroll.

Modern services is Existing or more than 2 years old

PPP Loan Search / AR / Bald Knob / Modern services

MODERN SERVICES

Date Approved

04/18/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

MODERN SERVICES

Borrower Address

120 Industrial Dr

Borrower City

Bald Knob

Borrower State

AR

Borrower Zip

72010-4021

Loan Status Date

04/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

116200.00

Current Approval Amount

116200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4754

Servicing Lender Name

First Security Bank

Servicing Lender Address

314 N Spring St

Servicing Lender City

SEARCY

Servicing Lender State

AR

Servicing Lender Zip

72143-7703

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bald Knob

Project County Name

WHITE

Project State

AR

Project Zip

72010-4021

CD

AR-02

Jobs Reported

16

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

116200.00

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

4754

Originating Lender

First Security Bank

Originating Lender City

SEARCY

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

117284.53

Forgiveness Date

03/23/2022

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