PPP Loan information for Modcomp, inc.

$1,353,600

Modcomp, inc. was initially approved for PPP Loan of amount $1,353,600, the current approved amount is $1,353,600. The loan was approved on 04/14/2020 by The Paragon Bank reported 72 jobs and $1,353,600 was used to fund payroll.

Modcomp, inc. is Existing or more than 2 years old

MODCOMP, INC.

Date Approved

04/14/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

MODCOMP, INC.

Borrower Address

1182 E. NEWPORT CENTER DR

Borrower City

DEERFIELD BEACH

Borrower State

FL

Borrower Zip

33442-7702

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1353600.00

Current Approval Amount

1353600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

433171

Servicing Lender Name

Paragon Bank

Servicing Lender Address

5400 Poplar Ave

Servicing Lender City

Memphis

Servicing Lender State

TN

Servicing Lender Zip

38119

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DEERFIELD BEACH

Project County Name

BROWARD

Project State

FL

Project Zip

33442-7702

CD

FL-23

Jobs Reported

72

NAICS Code

811212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1353600.00

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

433171

Originating Lender

Paragon Bank

Originating Lender City

Memphis

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1361007.20

Forgiveness Date

11/05/2020

;