PPP Loan information for Modern electric co

$858,200

Modern electric co was initially approved for PPP Loan of amount $858,200, the current approved amount is $858,200. The loan was approved on 02/05/2021 by The First Interstate Bank reported 45 jobs and $858,200 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

02/05/2021

SBA Office Code

0897

Processing Method

PPS

Borrower Name

MODERN ELECTRIC CO

Borrower Address

246 W 1st St

Borrower City

Casper

Borrower State

WY

Borrower Zip

82601-2404

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

858200.00

Current Approval Amount

858200.00

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

Y

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

82601-2404

CD

WY-

Jobs Reported

45

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

858200.00

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

862949.49

Forgiveness Date

09/01/2021

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