PPP Loan information for Modern concepts inc

$25,577

Modern concepts inc was initially approved for PPP Loan of amount $25,577, the current approved amount is $25,577. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 4 jobs and $25,577 was used to fund payroll.

Modern concepts inc is New Business or 2 years or less

PPP Loan Search / IL / WHEELING / Modern concepts inc

MODERN CONCEPTS INC

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MODERN CONCEPTS INC

Borrower Address

337 E DUNDEE RD

Borrower City

WHEELING

Borrower State

IL

Borrower Zip

60090-3124

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25577.00

Current Approval Amount

25577.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

WHEELING

Project County Name

COOK

Project State

IL

Project Zip

60090-3124

CD

IL-10

Jobs Reported

4

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

25577.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25808.24

Forgiveness Date

03/31/2021

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