PPP Loan information for Modern dispersions,inc.

$855,635

Modern dispersions,inc. was initially approved for PPP Loan of amount $855,635, the current approved amount is $855,635. The loan was approved on 04/11/2020 by The Colony Bank reported 49 jobs and $855,635 was used to fund payroll.

Modern dispersions,inc. is Existing or more than 2 years old

MODERN DISPERSIONS,INC.

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MODERN DISPERSIONS,INC.

Borrower Address

78 Marguerite Avenue

Borrower City

Leominster

Borrower State

MA

Borrower Zip

01453-4222

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

855635.00

Current Approval Amount

855635.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19444

Servicing Lender Name

Colony Bank

Servicing Lender Address

115 S Grant St

Servicing Lender City

FITZGERALD

Servicing Lender State

GA

Servicing Lender Zip

31750-2902

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Leominster

Project County Name

WORCESTER

Project State

MA

Project Zip

01453-4222

CD

MA-02

Jobs Reported

49

NAICS Code

326199

Race

American Indian or Alaska Native

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

855635.00

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

19444

Originating Lender

Colony Bank

Originating Lender City

FITZGERALD

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

860697.51

Forgiveness Date

11/23/2020

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