PPP Loan information for Modern electric, inc.

$25,000

Modern electric, inc. was initially approved for PPP Loan of amount $25,000, the current approved amount is $25,000. The loan was approved on 04/10/2020 by The KeyBank National Association reported 3 jobs and $25,000 was used to fund payroll.

Modern electric, inc. is Unanswered

PPP Loan Search / OR / MEDFORD / Modern electric, inc.

MODERN ELECTRIC, INC.

Date Approved

04/10/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

MODERN ELECTRIC, INC.

Borrower Address

2817 Juan

Borrower City

MEDFORD

Borrower State

OR

Borrower Zip

97504

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25000.00

Current Approval Amount

25000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

MEDFORD

Project County Name

JACKSON

Project State

OR

Project Zip

97504-0001

CD

OR-02

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

25000.00

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

Subchapter S Corporation

Originating Lender Location Id

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25322.60

Forgiveness Date

08/05/2021

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