PPP Loan information for Modern auctions inc

$198,700

Modern auctions inc was initially approved for PPP Loan of amount $198,700, the current approved amount is $198,700. The loan was approved on 02/04/2021 by The Wells Fargo Bank, National Association reported 7 jobs and $198,700 was used to fund payroll.

Modern auctions inc is Existing or more than 2 years old

PPP Loan Search / CA / Van Nuys / Modern auctions inc

MODERN AUCTIONS INC

Date Approved

02/04/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

MODERN AUCTIONS INC

Borrower Address

16145 Hart St

Borrower City

Van Nuys

Borrower State

CA

Borrower Zip

91406-3904

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

198700.00

Current Approval Amount

198700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Van Nuys

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91406-3904

CD

CA-29

Jobs Reported

7

NAICS Code

423220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

198697.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

200442.03

Forgiveness Date

12/23/2021

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