PPP Loan information for Modern fluid technology inc

$29,354

Modern fluid technology inc was initially approved for PPP Loan of amount $29,354, the current approved amount is $29,354. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 3 jobs and $29,354 was used to fund payroll.

Modern fluid technology inc is Existing or more than 2 years old

MODERN FLUID TECHNOLOGY INC

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

MODERN FLUID TECHNOLOGY INC

Borrower Address

93 BERKSHIRE DR

Borrower City

CRYSTAL LAKE

Borrower State

IL

Borrower Zip

60014

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29354.00

Current Approval Amount

29354.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CRYSTAL LAKE

Project County Name

MCHENRY

Project State

IL

Project Zip

60014-1000

CD

IL-09

Jobs Reported

3

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

29354.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

29426.27

Forgiveness Date

12/03/2020

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