PPP Loan information for Modern electric co

$822,640

Modern electric co was initially approved for PPP Loan of amount $822,640, the current approved amount is $822,640. The loan was approved on 04/16/2020 by The First Interstate Bank reported 41 jobs and $822,640 was used to fund payroll.

Modern electric co is Existing or more than 2 years old

PPP Loan Search / WY / CASPER / Modern electric co

MODERN ELECTRIC CO

Date Approved

04/16/2020

SBA Office Code

0897

Processing Method

PPP

Borrower Name

MODERN ELECTRIC CO

Borrower Address

246 West First

Borrower City

CASPER

Borrower State

WY

Borrower Zip

82601

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

822640.00

Current Approval Amount

822640.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41844

Servicing Lender Name

First Interstate Bank

Servicing Lender Address

401 N 31st St

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59101-1200

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CASPER

Project County Name

NATRONA

Project State

WY

Project Zip

82601-1000

CD

WY-

Jobs Reported

41

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

822640.00

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

41844

Originating Lender

First Interstate Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

828995.74

Forgiveness Date

01/28/2021

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