PPP Loan information for Modern financial services corporation

$199,362

Modern financial services corporation was initially approved for PPP Loan of amount $288,044, the current approved amount is $199,362. The loan was approved on 04/15/2020 by The The Huntington National Bank reported 18 jobs and $199,362 was used to fund payroll.

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

PPP Loan Search / MI / LIVONIA / Modern financial services corporation

MODERN FINANCIAL SERVICES CORPORATION

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MODERN FINANCIAL SERVICES CORPORATION

Borrower Address

29905 W 6TH MILE RD

Borrower City

LIVONIA

Borrower State

MI

Borrower Zip

48152

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

288044.00

Current Approval Amount

199362.00

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

Y

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

48152-0017

CD

MI-12

Jobs Reported

18

NAICS Code

522220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

199362.00

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

201235.46

Forgiveness Date

04/06/2021

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