PPP Loan information for Modern auto company, inc.

$539,700

Modern auto company, inc. was initially approved for PPP Loan of amount $539,700, the current approved amount is $539,700. The loan was approved on 04/03/2020 by The Bank of Franklin County reported 44 jobs and $539,700 was used to fund payroll.

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

MODERN AUTO COMPANY, INC.

Date Approved

04/03/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

MODERN AUTO COMPANY, INC.

Borrower Address

6224 HIGHWAY 100

Borrower City

WASHINGTON

Borrower State

MO

Borrower Zip

63090-6465

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

539700.00

Current Approval Amount

539700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

194115

Servicing Lender Name

Bank of Franklin County

Servicing Lender Address

900 E Eighth St

Servicing Lender City

WASHINGTON

Servicing Lender State

MO

Servicing Lender Zip

63090-3114

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WASHINGTON

Project County Name

FRANKLIN

Project State

MO

Project Zip

63090-6465

CD

MO-02

Jobs Reported

44

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

539700.00

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

194115

Originating Lender

Bank of Franklin County

Originating Lender City

WASHINGTON

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

543219.14

Forgiveness Date

12/02/2020

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