PPP Loan information for Modern holdings, inc.

$115,305

Modern holdings, inc. was initially approved for PPP Loan of amount $115,305, the current approved amount is $115,305. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 4 jobs and $115,305 was used to fund payroll.

Modern holdings, inc. is Existing or more than 2 years old

PPP Loan Search / NJ / SUMMIT / Modern holdings, inc.

MODERN HOLDINGS, INC.

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

MODERN HOLDINGS, INC.

Borrower Address

89 SUMMIT AVENUE 2ND FLOOR

Borrower City

SUMMIT

Borrower State

NJ

Borrower Zip

07901

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

115305.00

Current Approval Amount

115305.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUMMIT

Project County Name

UNION

Project State

NJ

Project Zip

07901-1100

CD

NJ-07

Jobs Reported

4

NAICS Code

523910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

115305.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

116325.37

Forgiveness Date

03/26/2021

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