PPP Loan information for Modern equipment company inc

$1,165,900

Modern equipment company inc was initially approved for PPP Loan of amount $1,165,900, the current approved amount is $1,165,900. The loan was approved on 04/08/2020 by The UMB Bank, National Association reported 128 jobs and $1,165,900 was used to fund payroll.

Modern equipment company inc is Existing or more than 2 years old

PPP Loan Search / NE / OMAHA / Modern equipment company inc

MODERN EQUIPMENT COMPANY INC

Date Approved

04/08/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

MODERN EQUIPMENT COMPANY INC

Borrower Address

6161 Abbott Drive

Borrower City

OMAHA

Borrower State

NE

Borrower Zip

68110-2806

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1165900.00

Current Approval Amount

1165900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40891

Servicing Lender Name

UMB Bank, National Association

Servicing Lender Address

1010 Grand Blvd

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2225

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OMAHA

Project County Name

DOUGLAS

Project State

NE

Project Zip

68110-2806

CD

NE-02

Jobs Reported

128

NAICS Code

333924

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1165900.00

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

40891

Originating Lender

UMB Bank, National Association

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1173802.21

Forgiveness Date

12/17/2020

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