PPP Loan information for Modern carpets inc

$163,158

Modern carpets inc was initially approved for PPP Loan of amount $163,158, the current approved amount is $163,158. The loan was approved on 01/19/2021 by The Eastern Savings Bank, FSB reported 13 jobs and $163,158 was used to fund payroll.

Modern carpets inc is Existing or more than 2 years old

MODERN CARPETS INC

Date Approved

01/19/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

MODERN CARPETS INC

Borrower Address

4319 Saint Barnabas Rd

Borrower City

Temple Hills

Borrower State

MD

Borrower Zip

20748-1833

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

163157.50

Current Approval Amount

163157.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89314

Servicing Lender Name

Eastern Savings Bank, FSB

Servicing Lender Address

11350 McCormick Rd, Ste 200

Servicing Lender City

HUNT VALLEY

Servicing Lender State

MD

Servicing Lender Zip

21031-1002

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Temple Hills

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20748-1833

CD

MD-04

Jobs Reported

13

NAICS Code

442210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

163153.50

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

89314

Originating Lender

Eastern Savings Bank, FSB

Originating Lender City

HUNT VALLEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

165319.34

Forgiveness Date

05/16/2022

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