PPP Loan information for Modern financial services corporation

$215,665

Modern financial services corporation was initially approved for PPP Loan of amount $215,665, the current approved amount is $215,665. The loan was approved on 04/09/2021 by The The Huntington National Bank reported 21 jobs and $215,665 was used to fund payroll.

Modern financial services corporation is Existing or more than 2 years old

MODERN FINANCIAL SERVICES CORPORATION

Date Approved

04/09/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MODERN FINANCIAL SERVICES CORPORATION

Borrower Address

29905 6 Mile Rd

Borrower City

Livonia

Borrower State

MI

Borrower Zip

48152-3603

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

215665.00

Current Approval Amount

215665.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Livonia

Project County Name

WAYNE

Project State

MI

Project Zip

48152-3603

CD

MI-12

Jobs Reported

21

NAICS Code

522390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

215663.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

216964.90

Forgiveness Date

11/17/2021

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