PPP Loan information for Modern automotive inc

$11,747

Modern automotive inc was initially approved for PPP Loan of amount $11,747, the current approved amount is $11,747. The loan was approved on 04/29/2020 by The South Central Bank, Inc. reported 4 jobs and $11,747 was used to fund payroll.

Modern automotive inc is Existing or more than 2 years old

PPP Loan Search / KY / BOWLING GREEN / Modern automotive inc

MODERN AUTOMOTIVE INC

Date Approved

04/29/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

MODERN AUTOMOTIVE INC

Borrower Address

2430 Russellville Rd.

Borrower City

BOWLING GREEN

Borrower State

KY

Borrower Zip

42101-3923

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

11747.00

Current Approval Amount

11747.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27775

Servicing Lender Name

South Central Bank, Inc.

Servicing Lender Address

501 S L Rogers Wells Blvd

Servicing Lender City

GLASGOW

Servicing Lender State

KY

Servicing Lender Zip

42141

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BOWLING GREEN

Project County Name

WARREN

Project State

KY

Project Zip

42101-3923

CD

KY-02

Jobs Reported

4

NAICS Code

811198

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

11747.00

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

Subchapter S Corporation

Originating Lender Location Id

27775

Originating Lender

South Central Bank, Inc.

Originating Lender City

GLASGOW

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

11876.54

Forgiveness Date

06/10/2021

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