PPP Loan information for Modern transport terminal, inc.

$122,627

Modern transport terminal, inc. was initially approved for PPP Loan of amount $122,627, the current approved amount is $122,627. The loan was approved on 04/13/2020 by The Merchants Bank, National Association reported 13 jobs and $122,627 was used to fund payroll.

Modern transport terminal, inc. is Existing or more than 2 years old

MODERN TRANSPORT TERMINAL, INC.

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MODERN TRANSPORT TERMINAL, INC.

Borrower Address

4980 W 6TH ST

Borrower City

WINONA

Borrower State

MN

Borrower Zip

55987-1208

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

122627.00

Current Approval Amount

122627.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINONA

Project County Name

WINONA

Project State

MN

Project Zip

55987-1208

CD

MN-01

Jobs Reported

13

NAICS Code

493130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

122627.00

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

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

123550.11

Forgiveness Date

01/20/2021

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