PPP Loan information for Modern avionics and maintenance inc

$40,317

Modern avionics and maintenance inc was initially approved for PPP Loan of amount $40,317, the current approved amount is $40,317. The loan was approved on 03/23/2021 by The Mechanics Bank reported 7 jobs and $40,317 was used to fund payroll.

Modern avionics and maintenance inc is Existing or more than 2 years old

MODERN AVIONICS AND MAINTENANCE INC

Date Approved

03/23/2021

SBA Office Code

0593

Processing Method

PPS

Borrower Name

MODERN AVIONICS AND MAINTENANCE INC

Borrower Address

2000 Harrington Memorial Rd

Borrower City

Mansfield

Borrower State

OH

Borrower Zip

44903-8051

Loan Status Date

03/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40317.00

Current Approval Amount

40317.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81184

Servicing Lender Name

Mechanics Bank

Servicing Lender Address

2 S Main St

Servicing Lender City

MANSFIELD

Servicing Lender State

OH

Servicing Lender Zip

44902-2931

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Mansfield

Project County Name

RICHLAND

Project State

OH

Project Zip

44903-8051

CD

OH-04

Jobs Reported

7

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

40315.00

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

81184

Originating Lender

Mechanics Bank

Originating Lender City

MANSFIELD

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

40635.12

Forgiveness Date

01/06/2022

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