PPP Loan information for Modern auto body, inc.

$133,000

Modern auto body, inc. was initially approved for PPP Loan of amount $136,117, the current approved amount is $133,000. The loan was approved on 04/09/2020 by The Frandsen Bank & Trust reported 8 jobs and $133,000 was used to fund payroll.

Modern auto body, inc. is Existing or more than 2 years old

PPP Loan Search / ND / GRAND FORKS / Modern auto body, inc.

MODERN AUTO BODY, INC.

Date Approved

04/09/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

MODERN AUTO BODY, INC.

Borrower Address

4075 S Washington Street

Borrower City

GRAND FORKS

Borrower State

ND

Borrower Zip

58201-7576

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

136117.00

Current Approval Amount

133000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND FORKS

Project County Name

GRAND FORKS

Project State

ND

Project Zip

58201-7576

CD

ND-

Jobs Reported

8

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13612.00

Payroll Proceed

102088.00

Mortgage Interest Proceed

0.00

Rent Proceed

17300.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

133958.33

Forgiveness Date

01/07/2021

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