PPP Loan information for Modern concept corporation

$25,600

Modern concept corporation was initially approved for PPP Loan of amount $25,600, the current approved amount is $25,600. The loan was approved on 03/12/2021 by The Union National Bank reported 4 jobs and $25,600 was used to fund payroll.

Modern concept corporation is Existing or more than 2 years old

PPP Loan Search / IL / Wheeling / Modern concept corporation

MODERN CONCEPT CORPORATION

Date Approved

03/12/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

MODERN CONCEPT CORPORATION

Borrower Address

337 E Dundee Rd

Borrower City

Wheeling

Borrower State

IL

Borrower Zip

60090-3124

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

25600.00

Current Approval Amount

25600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21320

Servicing Lender Name

Union National Bank

Servicing Lender Address

101 E Chicago St

Servicing Lender City

ELGIN

Servicing Lender State

IL

Servicing Lender Zip

60120-5583

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wheeling

Project County Name

COOK

Project State

IL

Project Zip

60090-3124

CD

IL-10

Jobs Reported

4

NAICS Code

448310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

25598.00

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

21320

Originating Lender

Union National Bank

Originating Lender City

ELGIN

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25704.53

Forgiveness Date

09/01/2021

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