Date Approved
04/03/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
MODERNISTIC, INC.
Borrower Address
1987 Industrial Blvd
Borrower City
STILLWATER
Borrower State
MN
Borrower Zip
55082-6049
Loan Status Date
03/06/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1357900.00
Current Approval Amount
1346100.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
446001
Servicing Lender Name
Platinum Bank
Servicing Lender Address
7667 10th St N
Servicing Lender City
OAKDALE
Servicing Lender State
Servicing Lender Zip
55128-5339
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WASHINGTON
Project State
Project Zip
CD
MN-04
Jobs Reported
109
NAICS Code
323111
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
1357458.87
Forgiveness Date
02/11/2021