PPP Loan information for Modern builders, inc.

$861,200

Modern builders, inc. was initially approved for PPP Loan of amount $861,200, the current approved amount is $861,200. The loan was approved on 04/08/2020 by The First Bank reported 88 jobs and $861,200 was used to fund payroll.

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

PPP Loan Search / IA / JANESVILLE / Modern builders, inc.

MODERN BUILDERS, INC.

Date Approved

04/08/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MODERN BUILDERS, INC.

Borrower Address

201 Main Street

Borrower City

JANESVILLE

Borrower State

IA

Borrower Zip

50647-7734

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

861200.00

Current Approval Amount

861200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25557

Servicing Lender Name

First Bank

Servicing Lender Address

316 E Bremer Ave

Servicing Lender City

WAVERLY

Servicing Lender State

IA

Servicing Lender Zip

50677-3532

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JANESVILLE

Project County Name

BREMER

Project State

IA

Project Zip

50647-7734

CD

IA-02

Jobs Reported

88

NAICS Code

238160

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

861200.00

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

25557

Originating Lender

First Bank

Originating Lender City

WAVERLY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

868591.97

Forgiveness Date

02/19/2021

;