PPP Loan information for Modern day electric inc.

$137,360

Modern day electric inc. was initially approved for PPP Loan of amount $137,360, the current approved amount is $137,360. The loan was approved on 01/29/2021 by The Fountainhead SBF LLC reported 7 jobs and $137,360 was used to fund payroll.

Modern day electric inc. is Existing or more than 2 years old

PPP Loan Search / OR / EUGENE / Modern day electric inc.

MODERN DAY ELECTRIC INC.

Date Approved

01/29/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

MODERN DAY ELECTRIC INC.

Borrower Address

310 E 11th Ave.

Borrower City

EUGENE

Borrower State

OR

Borrower Zip

97401-3246

Loan Status Date

07/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

137360.00

Current Approval Amount

137360.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

524612

Servicing Lender Name

Fountainhead SBF LLC

Servicing Lender Address

3216 W. Lake Mary Blvd

Servicing Lender City

LAKE MARY

Servicing Lender State

FL

Servicing Lender Zip

32746

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

EUGENE

Project County Name

LANE

Project State

OR

Project Zip

97401-3246

CD

OR-04

Jobs Reported

7

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

137356.00

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

524612

Originating Lender

Fountainhead SBF LLC

Originating Lender City

LAKE MARY

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

139221.99

Forgiveness Date

06/02/2022

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