PPP Loan information for Modutech marine inc

$420,000

Modutech marine inc was initially approved for PPP Loan of amount $420,000, the current approved amount is $420,000. The loan was approved on 05/01/2020 by The Newtek Small Business Finance, Inc. reported 38 jobs and $420,000 was used to fund payroll.

Modutech marine inc is Existing or more than 2 years old

PPP Loan Search / WA / Tacoma / Modutech marine inc

MODUTECH MARINE INC

Date Approved

05/01/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

MODUTECH MARINE INC

Borrower Address

2218 Marine View Dr

Borrower City

Tacoma

Borrower State

WA

Borrower Zip

98422-4111

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

420000.00

Current Approval Amount

420000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tacoma

Project County Name

PIERCE

Project State

WA

Project Zip

98422-4111

CD

WA-09

Jobs Reported

38

NAICS Code

336612

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

420000.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

426988.33

Forgiveness Date

02/09/2022

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