PPP Loan information for Modern cont incorporated

$23,117

Modern cont incorporated was initially approved for PPP Loan of amount $23,117, the current approved amount is $23,117. The loan was approved on 02/04/2021 by The Eastern Bank reported 2 jobs and $23,117 was used to fund payroll.

Modern cont incorporated is Existing or more than 2 years old

MODERN CONT INCORPORATED

Date Approved

02/04/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MODERN CONT INCORPORATED

Borrower Address

49 Equestrian Dr

Borrower City

North Andover

Borrower State

MA

Borrower Zip

01845-3352

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

23117.00

Current Approval Amount

23117.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Andover

Project County Name

ESSEX

Project State

MA

Project Zip

01845-3352

CD

MA-06

Jobs Reported

2

NAICS Code

236210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

23114.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

23363.58

Forgiveness Date

03/18/2022

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