PPP Loan information for Modern growers inc

$7,882

Modern growers inc was initially approved for PPP Loan of amount $7,882, the current approved amount is $7,882. The loan was approved on 02/14/2021 by The First Merchants Bank reported 2 jobs and $7,882 was used to fund payroll.

Modern growers inc is Existing or more than 2 years old

MODERN GROWERS INC

Date Approved

02/14/2021

SBA Office Code

0562

Processing Method

PPP

Borrower Name

MODERN GROWERS INC

Borrower Address

335 W 650 S

Borrower City

Pendleton

Borrower State

IN

Borrower Zip

46064-9154

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

7882.00

Current Approval Amount

7882.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pendleton

Project County Name

MADISON

Project State

IN

Project Zip

46064-9154

CD

IN-05

Jobs Reported

2

NAICS Code

111110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

7879.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

7957.80

Forgiveness Date

02/09/2022

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