PPP Loan information for Modern automotive

$69,757

Modern automotive was initially approved for PPP Loan of amount $69,757, the current approved amount is $69,757. The loan was approved on 05/01/2020 by The TD Bank, National Association reported 3 jobs and $69,757 was used to fund payroll.

Modern automotive is New Business or 2 years or less

PPP Loan Search / SC / Spartanburg / Modern automotive

MODERN AUTOMOTIVE

Date Approved

05/01/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

MODERN AUTOMOTIVE

Borrower Address

523 W. Main Street

Borrower City

Spartanburg

Borrower State

SC

Borrower Zip

29301

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69757.00

Current Approval Amount

69757.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Spartanburg

Project County Name

SPARTANBURG

Project State

SC

Project Zip

29301-0001

CD

SC-04

Jobs Reported

3

NAICS Code

484220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

69757.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

70733.60

Forgiveness Date

09/22/2021

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