PPP Loan information for Mod fuel llc

$253,502

Mod fuel llc was initially approved for PPP Loan of amount $253,502, the current approved amount is $253,502. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 18 jobs and $253,502 was used to fund payroll.

Mod fuel llc is New Business or 2 years or less

MOD FUEL LLC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MOD FUEL LLC

Borrower Address

3412 LOUSMA DR SE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49548-2264

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

253502.00

Current Approval Amount

253502.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49548-2264

CD

MI-03

Jobs Reported

18

NAICS Code

424940

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

253502.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

257169.10

Forgiveness Date

10/15/2021

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